Performance from November 11, 1999 to June 8, 2009:


Last year, we ended with a +43% performance (unleveraged, double that with leverage); so far in 2009, the unleveraged performance is +24% (+50% leveraged).

For the next three to five years, things look better than they ever have for market neutral strategies. The insiders are taking over control, and rattling the markets until the dumb money gives up; our smart bets (taking the side of those in charge and betting against the volatile stupid money) have never paid so well. The funny thing is: it might get even better!
» Read More