The 2009 FWF hedge fund contest

[ghariton]

Name: The John Law Memorial Hedge Fund

All on the TSX:

Long: OPC, DML

Short: NT, BCE

George

[NormR]

Sigh, based on all the hedgie buying, I guess it's time to sell my FFH.

BTW, how easy is it to short a low priced stock like NT?

Oh, and I think some people are straying from the indexes.

[couponstrip]

"Two-and-Trendy Head(ge) Games"

Long:

NKO.T
TLM.T

Short:

AEM.T
AEI.T

[bubbalouie]

Long: ABX and YRI
Short: RY and POW

Armeghedgon Fund

[NormR]

With apologies to Norbert, contestants can pick up a synthetic cash/bond position by going long NB-T which is due to be taken over by FFH-T at $39/share on Jan 13.


Disclosure: I hold both but this shouldn't be taken as a recommendation to actually buy/sell these stocks.

[bubbalouie]

normr: just curious if yer going to muster up the courage to choose some picks this year; your picks in CB show you're mortal just like the rest of us plebes; c'mon, we won't laugh at you; what have you got to lose.

[jeebuz]

Name: "Oracle of Oro Fund"

Long: BRK.A
Short: GE, GS

- Jeebuz -

[Norbert Schlenker]

Sorry for my lack of attendance. Busy entertaining guests.

Questions

wondering if the main purpose of this hedge fund contest is 'educational' , or 'entertainment', or 'make work', or what

I expect the only education will be of me while automating the results.

This excludes the TSX venture exchange I assume.....

It does. I'm a hard taskmaster.

With apologies to Norbert...

No apologies necessary. Just get your entry in on time. And twist Dan's arm.

Valid portfolios
The Guaranteed Anxiety Fund (pitz)
Khufu Asset Management (randomwalker)
The Half-Baked, Long/Short, Hedge Fund (scomac)
No redemption for you! (beluga)
What the Hell Fun Fund (George$)
The LOBASS Fund (adrian2) [using BMO and CIBC]
Leylandii Hedge Fund (Gus)
Pickle Barrel (Pickles)
Ameghedgon Fund (bubbalouie)

Invalid portfolios (fix 'em before 9 am Friday)
Double Tightloose Updown Hedgie Madoffwitheverything Fund (brad911): FSY not in the TSX Composite
Once Uponzi Time Fund (serdic): 3 in the S&P 500 but TD ain't; pick a US bank mebbe
The 'Uhoh I Forgot To Give It A Clever Name' Fund (uhoh): If COF is Capital One Financial, you're mixing Canadian and US; if it's Coventree, it's not in the TSX Composite
Opulent Financial (augustabound): Neither COF nor RGL are TSX Composite
Pharyngula (sayhey): DFE not TSX Composite
1st Crystal Ball Hedge Fund (OptsyEagle): Gannett is fine, ACAS is not S&P 500
We Put the 'Fun' in 'Hedge Fund'" Hedge Fund (arnyk): ORV not TSX Composite, AWI doesn't exist?
The John Law Memorial Hedge Fund (ghariton): DML not TSX Composite
Two-and-Trendy Head(ge) Games (couponstrip): AEI not TSX Composite
Oracle of Oro Fund (jeebuz): BRK.A not S&P 500
Banzai Bull Fund (Mike Schimek): SVC, XMC not TSX Composite

Don't know what's in the TSX Composite? Look here.
Don't know what's in the S&P 500? Look here.

[Mike Schimek]

I'll hop aboard if still possible -)

The "Banzai Bull Fund"

I'll go long:

Sandvine (SVC) - 0.81
XCeed Mortgage (XMC) - 0.80

Hmm dunno much about shorting but these two might be losers;

Nortel (NT) - 0.32
H&R Real Estate (HR.UN) - 7.45

[travesty]

Long:

INTC
BAC

Short:

INTU
JAVA

[Inquisitive]

Oh goodie, another chance to make a fool of self.


The Crapshoot Cafe Casino Fund

Long
UUU
LIF.UN

Short
MG.A
BPO

But if Dan and Norm are to have their arms twisted, who will twist Norbert's ( not to mention the arms of the other Founders)?

Inq

[ghariton]

The John Law Memorial Hedge Fund (ghariton): DML not TSX Composite

It's that trashy, huh?

Okay, I'll substitute CCO for DML. That makes me

Long: OPC, CCO

Short: NT, BCE

Thanks

George

[bindexit]

Fund name: Take Your Money and Run ... with Madoff Fund

Long:
-Sherritt (S)
-Petro Canada (PCA)

Short:
-Harvest Energy Trust (HTE.UN)
-Metro (MRU.A)

[augustabound]

Opulent Financial (augustabound): Neither COF nor RGL are TSX Composite

Woops, sorry. I just did quick filter and they came up with the "T" for the index.

Change my shorts to
Barrick Gold ABK - TSX
Richie Brother Auctioneers - TSX

[Serdic]

Fix-ed

Name: Once Uponzi Time Fund

Long: Ford, COSTco
Short: GOOGle, GS

[arnyk]

I pick IDG-T and GLN-T instead.

[brad911]

Fund Name: Double Tightloose Updown Hedgie Madoffwitheverything Fund

Long: NAL.UN & SU
Short: BVF & BMO (risky)

[kcowan]

Name: Craps Shoot
Long: cos, pgf
Short: cm, mfc

[OptsyEagle]

1st Crystall Ball Hedge: revised for rules

Long:
BAC
ACAS
(ACAS is an S&P500 stock as far as I can see anyways. http://www2.standardandpoors.com/portal ... 0,0,0.html )

Short:
FDO
GCI

[uhoh]

The 'Uhoh I Forgot To Give It A Clever Name' Fund (uhoh): If COF is Capital One Financial, you're mixing Canadian and US; if it's Coventree, it's not in the TSX Composite

It was Coventree.

globeinvestor lists it as COF-T so i assumed it was ok. And actually, the TSX website seems to have it on the Toronto exchange - but I'll keep looking cuz frankly, i'm not really confident of my knowledge of the tsx

if i must replace it, i'll do so with allied nevada gold - that's on the TSX site too.

[cycle]

Security Through Obscurity Fund

"A fund for carrying out an undertaking of great advantage, but nobody to know what it is."

Long: CFP.T, WFT.T
Short: POT.T, TIM.T

[cycle]

Whoa, just found out that TIM was removed from the index last month. I'd still love to use it, otherwise please switch to TCK.B

[NormR]

Whoa, just found out that TIM was removed from the index last month. I'd still love to use it, otherwise please switch to TCK.B

TIM is still in the Composite, at least according to globeinvestor.com.

[uhoh]

Whoa, just found out that TIM was removed from the index last month. I'd still love to use it, otherwise please switch to TCK.B

TIM is still in the Composite, at least according to globeinvestor.com.

do you show that COF is?

[NormR]

normr: just curious if yer going to muster up the courage to choose some picks this year; your picks in CB show you're mortal just like the rest of us plebes; c'mon, we won't laugh at you; what have you got to lose.

Ah, alas, I'm too late for the festivities. Caught napping again