Nicholas Vardy
Why Small Caps are the Best Investment
In a world where “can’t-lose” investment themes get tossed out with remarkable regularity, the “small-cap effect” is one of the few that has stood the test of time.
Up Your Bets on Two of Our Best Performers
Results were mixed for U.S. stock markets last week with the Dow Jones up 0.13%, S&P 500 down 0.20% and the NASDAQ rising 0.55%. Emerging markets continued their relentless weakness, dragging the MCSI Emerging Markets Index down another 1.19%. Big gainers in your portfolio included Bank of Ireland (IRE), which added 3.99%, and Apple Inc. […]
Why Did Hedge Funds Underperform Last Year?
For hedge fund managers raised on the mother’s milk of diversification and trend following, 2013 was one of the worst years on record, compared to simple “long-only” strategies.
Booking 50% and 103.70% Gains — and another Bet on Red Hot Pharma
It was a mixed week in global stock markets last week with the Dow Jones down 0.20% and the S&P 500 rising 0.60%. The MCSI Emerging Markets Index ended the week 0.37% higher. Your Bull Market Alert portfolio did much better, however, with the Bank of Ireland (IRE) soaring 21.64%; Apollo Global Management, LLC (APO) […]
Booking 66.67% Gains in Europe’s Recovery
Bank of Ireland (IRE) has broken out from its long-term trading range, soaring 16.60% over the past five days. The good news from Ireland continues. Ireland exited the European bailout program on Dec. 15, and its recent debt offering was four times oversubscribed. All of this confirms the Irish turnaround story that I’ve been writing […]
Lock in Some Big Gains in Your Portfolio
The New Year got off to a slow start, with the Dow Jones down 0.28% and the S&P 500 pulling back 0.57%. Global markets continued to confound my expectations with MCSI Emerging Markets Index tumbling 4.51%. Big gainers in your Alpha Investor Letter portfolio included Icahn Enterprises, L.P. (IEP), which recovered 6.60%, and Google Inc. […]