Bogleheads 2014 Hedge fund contest

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MarginOfBuffett
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Bogleheads 2014 Hedge fund contest

Post by MarginOfBuffett » Fri Dec 27, 2013 12:36 pm

Just wondering if we were going to do it this year? I really enjoyed doing it last year.

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LadyGeek
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Re: Bogleheads 2014 Hedge fund contest

Post by LadyGeek » Fri Dec 27, 2013 12:39 pm

I hope so, here's the current contest: Bogleheads 2013 Hedgefund Contest
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Norbert Schlenker
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Re: Bogleheads 2014 Hedge fund contest

Post by Norbert Schlenker » Fri Dec 27, 2013 1:54 pm

Can do but I am away and will have to catch up.

Same rules regarding universe and timing, aside from year.
Nothing can protect people who want to buy the Brooklyn Bridge.

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LadyGeek
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Re: Bogleheads 2014 Hedge fund contest

Post by LadyGeek » Fri Dec 27, 2013 2:29 pm

Let's start in this thread. Here's the rules, modified for year: Subject: Bogleheads 2013 Hedgefund Contest
Rules refresher:

• Pick a fancy name for your hedge fund. Show some creativity. A panel of esteemed judges will choose the best.

• Before 9 am EST on 2 Jan 2014, pick two stocks to go long and two to short. You must choose four different positions. Equal dollar amounts are placed on each position.

• Common stock only. No bonds, no options, no funds.

• No trades during the year, except that you can elect at any time during normal exchange business hours to "freeze" a price for any individual position at that day's closing price, i.e. liquidate that one position. Other than that, you're stuck with what you choose for the year.

• The universe from which to choose is the Russell 3000. No exceptions. I will attempt to verify membership ahead of time and warn if offside, but the onus is on participants to verify each submitted portfolio against the link provided. Portfolios containing one or more offside positions at the start time will be excluded from the contest. Stocks that are eligible at the start but are removed from the Russell 3000 during 2014 will continue to be tracked.

• Starting prices are the 31 Dec 2013 close, ending prices will be the 31 Dec 2014 close. (Adjustments may be made to either in case of crazy spreads, at my sole discretion.)

• Positions merged out of existence during 2013 will either be liquidated at takeover price for cash deals or converted to positions in acquiring company for stock deals. As the universe has expanded for the 2013 edition, buyouts and mergers may be more common than in earlier years. Contest participants are encouraged to keep me informed of such corporate actions in their own funds, either with a PM or a post in this thread.

• Winner of the name contest deemed to purchase long positions at 1% discount and sell short positions at 1% premium!

• Dividends won't count because ...

• It's all automated to make it easy on myself.
Here's the official Russell 3000 index: Russell 3000® Index. Your picks must be in this list: Russell 3000 Index membership list - 2013 constituents

Disclaimer: If I've misstated anything, the panel of esteemed judges has final say.

Update: Added Russell 3000 index list.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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Ged
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Re: Bogleheads 2014 Hedge fund contest

Post by Ged » Fri Dec 27, 2013 3:38 pm

BCCI World Fund, B Madoff & C Ponzi Advisors

Long
THLD
GRA

Short
RSH
NFLX

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linenfort
Posts: 2143
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Re: Bogleheads 2014 Hedge fund contest

Post by linenfort » Fri Dec 27, 2013 4:07 pm

Professor Moriarty

Long
DDD
QIHU

Short
BKS
MTGE
bogleheads, don't knock state lotteries. They helped defund the mafia.

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camper
Posts: 852
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Location: My side of the mountain

Re: Bogleheads 2014 Hedge fund contest

Post by camper » Fri Dec 27, 2013 4:41 pm

Imp Inc.

Long:
ZGNX
XNPT

Short:
VG
EHTH

protagonist
Posts: 5435
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Re: Bogleheads 2014 Hedge fund contest

Post by protagonist » Fri Dec 27, 2013 5:15 pm

Just do essentially what I did for 2013 please.
Short the 2013 winner's longs and go long on the 2013 winner's shorts. So far it has proven to be a winning strategy, easily beating the index for one whole year in a row (not counting my well-deserved fees of course), and I owe it to my loyal investors.

-H. Protagonist
CEO, Infidelity Contrabandista Fund.
(ps...still waiting for my huge, well-deserved Christmas bonus....hint hint....)
Last edited by protagonist on Fri Dec 27, 2013 5:29 pm, edited 2 times in total.

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dmcmahon
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Re: Bogleheads 2014 Hedge fund contest

Post by dmcmahon » Fri Dec 27, 2013 5:23 pm

After last year's humiliating performance we're quietly closing our funds and hoping no one remembers our failures when we hang out our new shingle. Anyone know of a searchable on line Russell 3000 database?

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LadyGeek
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Re: Bogleheads 2014 Hedge fund contest

Post by LadyGeek » Fri Dec 27, 2013 5:44 pm

I updated my prior post for the "official" Russell 3000 index membership list: Russell 3000 Index membership list - 2013 constituents

Source: Russell 3000® Index
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

ftobin
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Joined: Fri Mar 20, 2009 3:28 pm

Re: Bogleheads 2014 Hedge fund contest

Post by ftobin » Fri Dec 27, 2013 5:57 pm

Your Money in Better Hands & Co.

Long: GGS - Global Geophysical Services, Inc.
Long: BODY - Body Central Corp

Short: TSLA - Tesla Motors
Short: BAGR - Diversified Restaurant Holdings,

jmg229
Posts: 320
Joined: Mon Jan 31, 2011 1:21 pm

Re: Bogleheads 2014 Hedge fund contest

Post by jmg229 » Fri Dec 27, 2013 6:41 pm

Bravo PP Holdings

Long:
NAVR
DD

Short:
GRPN
ANF

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BHCadet
Posts: 391
Joined: Sun Jan 15, 2012 12:47 am
Location: SoCal

Re: Bogleheads 2014 Hedge fund contest

Post by BHCadet » Fri Dec 27, 2013 7:02 pm

New Deal Hedgefund:
Long:
ANV - Allied Nevada Gold Corp
TZOO - Travelzoo Inc

Short:
LCI - Lannett Co Inc
GTN - Gray Television

MassInvestor
Posts: 112
Joined: Tue Oct 22, 2013 9:06 pm

Re: Bogleheads 2014 Hedge fund contest

Post by MassInvestor » Fri Dec 27, 2013 11:04 pm

Too Smart to Fail Fund

Fund Advisor- Boston Brahmins investment Management Limited

Long
Goldcorp (GG)
Barrick Gold (ABX)

Short
Facebook (FB)
Tesla (TSLA)
Last edited by MassInvestor on Mon Dec 30, 2013 11:21 am, edited 2 times in total.

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Horton
Posts: 115
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Re: Bogleheads 2014 Hedge fund contest

Post by Horton » Sat Dec 28, 2013 9:05 am

LOng|ShorT Capital Partners

Long
FB
GOOG

Short
MITT
ANH

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linenfort
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Re: Bogleheads 2014 Hedge fund contest

Post by linenfort » Sat Dec 28, 2013 9:48 am

LadyGeek wrote:I updated my prior post for the "official" Russell 3000 index membership list: Russell 3000 Index membership list - 2013 constituents

Source: Russell 3000® Index
I see QIHU is not on the list, so I removed it from my submission:

Professor Moriarty

Long
DDD
IRBT

Short
BKS
MTGE
bogleheads, don't knock state lotteries. They helped defund the mafia.

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k66
Posts: 496
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Re: Bogleheads 2014 Hedge fund contest

Post by k66 » Sat Dec 28, 2013 2:14 pm

Following another award-winning year in the "Walking Hedge" fund[1], AMC Corp (the Ameliorated Monetary Confiscation Corporation) will once again offer our clients an exciting new line up of useless but entertaining avenues by which to discharge their hard-earned money into our pockets. Fund manager Whitey Walters will use his patented elemental Br|Ba mix methodology to concoct a formula that extracts nothing but pure positive energy while at the same time dilutes the negative precipitates.

Fund: Mad Stacks o' Cash - Yo!

Positive elements:
LO
V

Negative elements:
HA
TE

[1] based on fund returns from January 1, 2013 through to December 27, 2013, the Walking Hedge Fund was voted "most likely to cannibalize fund participants through benign neglect" by the Disinterested Fund Manager's Guild.
LOSER of the Boglehead Contest 2015 | lang may yer lum reek

jaj2276
Posts: 356
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Re: Bogleheads 2014 Hedge fund contest

Post by jaj2276 » Sat Dec 28, 2013 4:11 pm

My Labs Are Better Stock Pickers Hedge Fund

Long:
PSEC
LGF

Short:
YELP
CRL

MarginOfBuffett
Posts: 97
Joined: Fri Nov 12, 2010 11:04 pm

Re: Bogleheads 2014 Hedge fund contest

Post by MarginOfBuffett » Sat Dec 28, 2013 4:25 pm

Your Money is My Money

Long
HLF
RGR

Short
JCP
HK

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stickman731
Posts: 271
Joined: Sun Jan 01, 2012 10:42 am
Location: New Jersey

Re: Bogleheads 2014 Hedge fund contest

Post by stickman731 » Sat Dec 28, 2013 4:34 pm

Sticky Wonder Fund

Long
BLK
GS

Short
DDD
SYSS

grok87
Posts: 8452
Joined: Tue Feb 27, 2007 9:00 pm

Re: Bogleheads 2014 Hedge fund contest

Post by grok87 » Sat Dec 28, 2013 5:38 pm

stickman731 wrote:Sticky Wonder Fund

Long
BLK
GS

Short
DDD
SYSS
I'm in
Keep calm and Boglehead on. KCBO.

jlegato
Posts: 5
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Re: Bogleheads 2014 Hedge fund contest

Post by jlegato » Sat Dec 28, 2013 7:05 pm

Fund Mobius Holdings Inc
Long
FDX
NVDA
Short
T
FB

VennData
Posts: 575
Joined: Mon Feb 26, 2007 5:52 pm

Re: Bogleheads 2014 Hedge fund contest

Post by VennData » Sat Dec 28, 2013 7:36 pm

FUNdamental FUNd

Longs:

LLY - Eli Lilly & Co
PFE - Pfizer

Shorts:

RICK - Rick's Caberet
FOHL - Fredrick's of Hollywood

Park
Posts: 562
Joined: Sat Nov 06, 2010 4:56 pm

Re: Bogleheads 2014 Hedge fund contest

Post by Park » Sat Dec 28, 2013 8:45 pm

EMH Hedge Fund

Long

OME
VSEC

Short

BIOS
AREX

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Ged
Posts: 3616
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Re: Bogleheads 2014 Hedge fund contest

Post by Ged » Sat Dec 28, 2013 8:59 pm

VennData wrote:FUNdamental FUNd

Longs:

LLY - Eli Lilly & Co
PFE - Pfizer

Shorts:

RICK - Rick's Caberet
FOHL - Fredrick's of Hollywood
Looks like you are predicting no FUN.

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JoMoney
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Re: Bogleheads 2014 Hedge fund contest

Post by JoMoney » Sat Dec 28, 2013 9:05 pm

dmcmahon wrote:After last year's humiliating performance we're quietly closing our funds and hoping no one remembers our failures when we hang out our new shingle. Anyone know of a searchable on line Russell 3000 database?
I don't know of one specific to the Russell 3000, but you could use a screener such as :
http://markets.ft.com/screener/customScreen.asp

Limit the search to U.S. stocks with market-cap over $120,000,000 and you'll get a selection that's close. If you find something you like, you can then cross-reference to a definitive list and confirm if the stock is indeed part of the Russell 3000
http://www.russell.com/indexes/document ... p_list.pdf
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

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dmcmahon
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Re: Bogleheads 2014 Hedge fund contest

Post by dmcmahon » Sat Dec 28, 2013 9:05 pm

Fund name: Quantitative Teasing

Long: AAPL and WDAY
Short: AMZN and TSLA

(Alas Twitter isn't in the R3000.)

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RyeWhiskey
Posts: 864
Joined: Thu Jan 12, 2012 10:04 pm

Re: Bogleheads 2014 Hedge fund contest

Post by RyeWhiskey » Sat Dec 28, 2013 9:31 pm

Hedge Fund: Bullwinkle's Corner

Long:
NEM - Newmont Mining Co.
CDE - Coeur Mining Inc.

Short:
TSLA - Tesla Motors
NFLX - Netflix

:beer
This post was brought to you by Vanguard Total World Stock Index (VTWSX/VT).

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JoMoney
Posts: 6129
Joined: Tue Jul 23, 2013 5:31 am

Re: Bogleheads 2014 Hedge fund contest

Post by JoMoney » Sat Dec 28, 2013 9:35 pm

King of the Hill Aggressive Investments Group
LONG:
WORLD WRESTLING ENTMNT ( WWE )
SMITH & WESSON HOLDING ( SWHC )
SHORT:
1-800 FLOWERS COM ( FLWS )
TIFFANY & CO ( TIF )
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

tim1999
Posts: 3505
Joined: Tue Dec 16, 2008 7:16 am

Re: Bogleheads 2014 Hedge fund contest

Post by tim1999 » Sat Dec 28, 2013 9:50 pm

We Start Drinking at Noon Capital Management
Long:
Exxon-Mobil (XOM)
PBF Energy (PBF)
Short:
Lamar Advertising (LAMR)
Tesla Motors (TSLA)

I'd short Twitter, but it's not in the Russell 3000 (yet?).

sanfran
Posts: 22
Joined: Wed Nov 20, 2013 11:39 pm

Re: Bogleheads 2014 Hedge fund contest

Post by sanfran » Sat Dec 28, 2013 9:52 pm

Three Loose Vowels

Long:
AMZN
OLED

Short:
DDD
NFLX

Scooter57
Posts: 783
Joined: Thu Jan 24, 2013 9:20 am

Re: Bogleheads 2014 Hedge fund contest

Post by Scooter57 » Sat Dec 28, 2013 9:53 pm

Cache, Cowe LLC

Long:
MNKD MannKind Corp
WETF Wisdomtree Investments

Short:
AMZN Amazon a.k.a The Evil Empire
PCLN Priceline
Last edited by Scooter57 on Sun Dec 29, 2013 3:51 pm, edited 1 time in total.

Grt2bOutdoors
Posts: 19322
Joined: Thu Apr 05, 2007 8:20 pm
Location: New York

Re: Bogleheads 2014 Hedge fund contest

Post by Grt2bOutdoors » Sat Dec 28, 2013 10:06 pm

Ding Dong Capital

Long: BAC - Bank of America Corp.
Long: PM - Philip Morris International

Short: TSLA - Tesla Motors
Short: FB - Facebook
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

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tyler_cracker
Posts: 309
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Location: sending out the kicking team

Re: Bogleheads 2014 Hedge fund contest

Post by tyler_cracker » Sat Dec 28, 2013 11:01 pm

Taper? I hardly know 'er!

long:
TSLA - i'm taking elon musk over the haters :p
AMZN - to the cloud!

short:
YHOO - altavista is not on the list so i'll take the next best thing
JPM - chase can stick it wh-- never mind

Emeralds
Posts: 24
Joined: Sat Oct 05, 2013 8:41 pm

Re: Bogleheads 2014 Hedge fund contest

Post by Emeralds » Sat Dec 28, 2013 11:49 pm

Hedge Fund name: No Cash 22

long:
NNI - Nelnet, Inc.
CBK - Christopher & Banks Corp.

short:
BKS - Barnes & Noble, Inc.
LNKD - LinkedIn Corp.

blorman
Posts: 14
Joined: Tue Nov 19, 2013 10:11 am

Re: Bogleheads 2014 Hedge fund contest

Post by blorman » Sun Dec 29, 2013 12:27 am

I just can't resist all this TSLA bait:)

My Lower Intestine & Co

Long:
TSLA - Tesla Motors Inc
YHOO - Yahoo! Inc

Short:
AAPL - Apple Inc
CAT - Caterpillar Inc

EDIT:
  • replaced TWTR with CAT
  • can we still edit? replaced DDD with YHOO
Last edited by blorman on Mon Dec 30, 2013 8:36 am, edited 2 times in total.

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cfs
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Location: ~ Mi Propio Camino ~

Re: Bogleheads 2014 Hedge fund contest

Post by cfs » Sun Dec 29, 2013 12:40 am

Leaders, good morning/afternoon/evening

Thanks for asking, here is my input.

Hedge Fund Name: The Lowest Rated Hedge Fund™

Long:
QCOM: Qualcom Inc
HD: The Home Depot Inc

Short:
GOOG - Google Inc
MSFT - Microsoft Corp

Thanks for reading and have a productive 2014.
~ Member of the Active Retired Force since 2014 ~

denovo
Posts: 4379
Joined: Sun Oct 13, 2013 1:04 pm

Re: Bogleheads 2014 Hedge fund contest

Post by denovo » Sun Dec 29, 2013 12:58 am

I wish twitter was on the list............ :(
"Don't trust everything you read on the Internet"- Abraham Lincoln

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LadyGeek
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Re: Bogleheads 2014 Hedge fund contest

Post by LadyGeek » Sun Dec 29, 2013 12:13 pm

FYI - Canadian members are encouraged to give a try in our sister Canadian site, Financial Webring Forum: A 2014 Hedge Fund Contest (Norbert Schlenker is running both contests.)

You get to pick from both the Russell 3000 and S&P/TSX Composite indexes.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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happyisland
Posts: 419
Joined: Thu Oct 03, 2013 1:36 pm

Re: Bogleheads 2014 Hedge fund contest

Post by happyisland » Sun Dec 29, 2013 12:36 pm

Newlywed Game, Partners

Long
FRED
ANN

Short
STAN
RUTH

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dmcmahon
Posts: 1872
Joined: Fri Mar 21, 2008 10:29 pm

Re: Bogleheads 2014 Hedge fund contest

Post by dmcmahon » Sun Dec 29, 2013 2:10 pm

blorman wrote:I just can't resist all this TSLA bait:)

My Lower Intestine & Co

Long:
TSLA - Tesla Motors Inc
DDD - 3D Systems Corporation

Short:
AAPL - Apple Inc
TWTR - Twitter Inc
Twitter isn't in the R3K, is it?

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LadyGeek
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Re: Bogleheads 2014 Hedge fund contest

Post by LadyGeek » Sun Dec 29, 2013 2:14 pm

Fund name: Capital Arbitrage in dé Gestion

Long:
Novavax, Inc. (NVAX)
ON Semiconductor Corp. (ONNN)

Short:
Lions Gate Entertainment Corp. (LGF)
Black Diamond, Inc. (BDE)
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

RobInCT
Posts: 393
Joined: Sun Dec 09, 2012 2:58 pm

Re: Bogleheads 2014 Hedge fund contest

Post by RobInCT » Sun Dec 29, 2013 2:31 pm

Hedge Fund: Inside Trader

Long:
AMZ
ULTA

Short:
BKS
YUM

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zaboomafoozarg
Posts: 1967
Joined: Sun Jun 12, 2011 12:34 pm

Re: Bogleheads 2014 Hedge fund contest

Post by zaboomafoozarg » Sun Dec 29, 2013 2:59 pm

QQ Equity

Long:

CLF (Cliffs Natural Resources)
DNB (Dun & Bradstreet)

Short:

ACAS (American Capital)
TSLA (Tesla)

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BobSail
Posts: 46
Joined: Sun Dec 19, 2010 1:19 am
Location: Menlo Park, CA

Re: Bogleheads 2014 Hedge fund contest

Post by BobSail » Sun Dec 29, 2013 3:04 pm

LOP Strategic Inverse Fund

Long
JCP - JC Penney
CERE - Ceres, Inc.

Short
ARIA - Ariad Pharmaceuticals
MSPD - Mindspeed Technologies
Last edited by BobSail on Sun Dec 29, 2013 3:35 pm, edited 1 time in total.
Robert | 50% Fixed Income/30% US Equity/20% Int'l Equity

madpunster
Posts: 113
Joined: Sun Nov 02, 2008 12:58 am

Re: Bogleheads 2014 Hedge fund contest

Post by madpunster » Mon Dec 30, 2013 11:16 am

Pull My Index Finger Handshake Fund

Longs: NEM, BTU
Shorts: NFLX, BBY

BackOfTheNet
Posts: 184
Joined: Mon Nov 30, 2009 9:24 pm

Re: Bogleheads 2014 Hedge fund contest

Post by BackOfTheNet » Mon Dec 30, 2013 12:26 pm

Goal-vestor platinum inspire

Long:
AAPL (Apple)
TSLA (Tesla)

Short:
SHLD (Sears)
BBY (Best buy)

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gotherelate
Posts: 845
Joined: Wed May 28, 2008 6:57 pm
Location: Texas

Re: Bogleheads 2014 Hedge fund contest

Post by gotherelate » Mon Dec 30, 2013 1:22 pm

The NOSTRA(tegyistoo)DAM(nriskyfor)US Hedge Fund

Long:

FHCO - Female Health Co
PETM - Petsmart Inc


Short:

ARIA - Ariad Pharmaceuticals
CADX - Cadence Pharmaceuticals
-Grandpa | I'd rather see where I'm going than see where I've been.

tbradnc
Posts: 1512
Joined: Wed Apr 02, 2008 8:30 am

Re: Bogleheads 2014 Hedge fund contest

Post by tbradnc » Mon Dec 30, 2013 1:36 pm

"What, Me Worry?" Fund

Long

AET
WAG

Short

CROX
ANGI

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Tyr0ne
Posts: 64
Joined: Thu May 10, 2012 1:35 pm

Re: Bogleheads 2014 Hedge fund contest

Post by Tyr0ne » Mon Dec 30, 2013 3:21 pm

Eat Your PEs

Long
- AMZN (Amazon)
- SNE (Sony)
Short
- BBY (Best Buy)
- YHOO (Yahoo!)
There are times when, at least for now, one must be content to love the questions themselves - Neil deGrasse Tyson

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