50% Annual Returns

Quote from taowave:

No disrespect Alpha,but I will call you on the "shorts reduce the volatility of a long term portfolio,without scarificing return".

I havent looked at the beta of your portfolio,but I will assume its 2+ to generate 50% returns...I just dont believe the you can select a group of stocks that "significantly" reduce colatility without sacrificing return.Returning 50% is one thing,Shorting stocks equal notional without giving up return is next to impossible.

Glad you are sceptical and not a blind follower. I cannot tell anyone what the returns will be in the future and you have no reason to believe me anyway. I suggest you paper trade the complete Long and Short portfolios for at least 6 months and see how it goes.
 
Quote from Neet:

Alpha,

So what is your plan for this project, 20 longs and 20 shorts ?

Correct, I will maintain two portfolios, one with 20 longs and one with 20 shorts.
 
Alpha,

Are you recommend the longs and the shorts at the same time >

Seems like a hedge overdone, feel free to correct.
 
Quote from Neet:

Alpha,

Are you recommend the longs and the shorts at the same time >

Seems like a hedge overdone, feel free to correct.

Yes indeed, I have a exposure to both the Long and the Short portfolio in the same account at the same time. Each for their own, I am just telling you what I do.

Not sure what you mean by 'a hedge overdone'.?
 
Quote from alphastocks:

Yes indeed, I have a exposure to both the Long and the Short portfolio in the same account at the same time. Each for their own, I am just telling you what I do.

Not sure what you mean by 'a hedge overdone'.?

Alpha,if i may.....

Neet,have you ever wondered why hedge funds are called HEDGE funds,when they are predominantly directional in nature??

Alpha is closer to a market neutral hedge fund,which is a HEDGEd fund...I have made my feelings clear on the possibility of Alpha putting up the numbers he thinks he can on a fully hedged long short book,but if he can do it,he is truly outstanding at his craft...

Are you familiar with statistical measures of performance,i.e sharpe,recovery ratios etc????
 
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