On 31 Aug 2018, there was an article that downplay Einhorn's fund vs Ackman funds.
Einhorn's Greenlight off 25% for year; Ackman up double-digits
Activist investors: David Einhorn (left) and Bill Ackman |
Source: https://www.cnbc.com/2018/09/01/einhorns-greenlight-off-25percent-for-year-ackman-up-double-digits.html
For details,please click here.
In this article, I like to share with you that such comparison may not be helpful to the investors who are investing in the hedge fund because both funds could be pursuing different strategies to produce their returns.
Another point to note is that most investors who chase performance over the short term may be shooting themselves in the foot. The reason is just when the fund is doing poorly for some time, the investors pull out of the fund. Then almost immediately, the fund start to recover the losses and make back the return.
So the market is punishing those who wish to invest but have very little patience. I remember a wise saying :" Your investment result in the market is a reflection of your own mental state. If you have the right perspective and attitude, it will repay you with what you deserve." Similarly, that is the reason why I stated how well you treat others will be repay by how others treat you in the past article.Click Here
To change or improve, start by appreciating what you have and those around you. Learn to let go and move on if someone has wrong you else you will always be stuck in a negative vicious cycle filled with negative energies and thoughts.
To change or improve, start by appreciating what you have and those around you. Learn to let go and move on if someone has wrong you else you will always be stuck in a negative vicious cycle filled with negative energies and thoughts.
Sometimes, there will be people who want to get something for nothing. This show a lack of maturity because it defies the basic law of compensation.
With that in mind, I encourage those who interested investing to consult me or a professional before they start chasing after the mirage.
Cheers and have a great day.