tag:blogger.com,1999:blog-6798074091942701235.post8694045003444758055..comments2024-03-29T01:35:09.550-04:00Comments on Can Turtles Fly?: The risk with betting with derivatives and leverage killing you...Akman and his Target fundSivaram Vhttp://www.blogger.com/profile/06361276466660862882noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6798074091942701235.post-2824604328661587972009-02-09T16:17:00.000-05:002009-02-09T16:17:00.000-05:00Another reason to be wary of trying to replicate A...Another reason to be wary of trying to replicate Ackman's methods is his heavy use of derivatives with high implied leverage. As this demonstrates those can blow up real bad and as a small investor you don't get to simply start a new fund and try again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6798074091942701235.post-12363175319854486112009-02-07T14:13:00.000-05:002009-02-07T14:13:00.000-05:00Actually, he is not that bad. He's not a Buffett o...Actually, he is not that bad. He's not a Buffett or Whitman by any means but he is probably comparable to Edward Lampert (although Ackman's record is shorter.)<BR/><BR/>He has beat most investors over the last few years. But I think a lot of people who follow shouldn't be following him. He is an activist investor and small investors can't replicate what he does. <BR/><BR/>The quoted article refers to his Target-only speculative fund; his main fund finished last year down something like 15% which is pretty good compared to most (but not great by hedge-fund standards.)Sivaram Vhttps://www.blogger.com/profile/06361276466660862882noreply@blogger.comtag:blogger.com,1999:blog-6798074091942701235.post-20674406543360211862009-02-07T08:02:00.000-05:002009-02-07T08:02:00.000-05:00This guy is a money loser. Why do people put money...This guy is a money loser. Why do people put money with these hedge guys?Anonymousnoreply@blogger.com