Hedge Funds Getting Crushed.

Business Insider.com the other day noted that some well-known hedge funds reported very bad January results.  In particular they listed the following:

-Tiger Global Investments:  -14% in January. +6.8 in 2015{Long/Short Fund.}

-Glenview Capital Partners: -13.65% in 2015.  Down more than 18% in 2015.  {Focus on Healthcare.}

-Marcato International:  -12.10% in January.  Down more than 9% in 2015.  {Activist Hedge Fund.}

-Omega Overseas:  This run by the well-known Leon Cooperman.  -9.93% in January.  -10.43% in 2015.  {Long/Short Equity Fund.}

-Pershing Square International:  Run by Bill Ackman.  -9.3% in January.  -16.5% in 2015.  {Activist fund that makes large concentrated bets on stocks.}

-Third Point Offshore Fund.  Run by Daniel Loeb.  -3.4% in January.  -1.2% in 2015.    {Even-driven value investing Fund.}

These are some of the smartest and best in the business.  If they can't make money than it stands to reason that we've been in one tough market.

Out Monday and Tuesday of next week.  Back posting on Wednesday.

Link.  Business Insider.com:  "Some of the Biggest Hedge Fund Names are Getting Scorched".