Author Topic: Rookie Fund Managers To Follow?  (Read 21474 times)

stahleyp

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Re: Rookie Fund Managers To Follow?
« Reply #10 on: February 13, 2016, 05:22:09 AM »
[Green Haven Road](http://www.greenhavenroad.com/investor-letters/) , Meson Capital, and Coho Capital.

Why Meson Capital? Although, he has a great story, his performance is subpar.

I agree. His first year (or 6 months) was amazing. After that it was poor. He closed up shop (and got rid of his track record) and started a new fund, I believe. 
Paul


AzCactus

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Re: Rookie Fund Managers To Follow?
« Reply #11 on: February 13, 2016, 06:00:37 AM »
[Green Haven Road](http://www.greenhavenroad.com/investor-letters/) , Meson Capital, and Coho Capital.

Why Meson Capital? Although, he has a great story, his performance is subpar.

I agree. His first year (or 6 months) was amazing. After that it was poor. He closed up shop (and got rid of his track record) and started a new fund, I believe.

I'm fairly confident Meson Capital is still in existence. 

GBHeron

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Re: Rookie Fund Managers To Follow?
« Reply #12 on: February 25, 2016, 09:01:38 PM »
You might take a look at the Frank Value Fund (FNKIX)...
http://frankfunds.com/

Can i ask why? I see a fund that has underperformed the S&P over it's 12 year history.

I can't see a 12 year comparison right now, but 10 yr modestly outperformed the S&P 500.  I like his approach to valuing a business as PE would, EBITDA & FCF to EV.  Disciplined approach.  Not afraid to sit out if valuations don't look attractive...

stahleyp

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Re: Rookie Fund Managers To Follow?
« Reply #13 on: February 26, 2016, 10:14:26 AM »
Frank started managing this fund when he was 21???
Paul

Evolveus

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Re: Rookie Fund Managers To Follow?
« Reply #14 on: March 08, 2016, 08:59:47 AM »
What about Kevin Byun at Denali Investors.  Seemed to be doing really well in the spin-off space, but it seems like the website hasn't been updated in quite a long time. 

oddballstocks

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Re: Rookie Fund Managers To Follow?
« Reply #15 on: March 08, 2016, 09:32:02 AM »
What about Kevin Byun at Denali Investors.  Seemed to be doing really well in the spin-off space, but it seems like the website hasn't been updated in quite a long time.

What irks me about his is when there's a bad year letters are impossible to obtain, but when he does well they're blasted everywhere.  Why not just be honest?  No one expects people to be perfect.  I don't like when guys try to hide bad performance.
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stahleyp

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Re: Rookie Fund Managers To Follow?
« Reply #16 on: March 08, 2016, 05:58:36 PM »
[Green Haven Road](http://www.greenhavenroad.com/investor-letters/) , Meson Capital, and Coho Capital.

Why Meson Capital? Although, he has a great story, his performance is subpar.

I agree. His first year (or 6 months) was amazing. After that it was poor. He closed up shop (and got rid of his track record) and started a new fund, I believe.

I'm fairly confident Meson Capital is still in existence.

The fund is different. Old track record is gone.
Paul

LC

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Re: Rookie Fund Managers To Follow?
« Reply #17 on: March 08, 2016, 07:03:24 PM »
Did he close up his old shop due to bad performance? I don't understand why some people do that. Why not just maintain one fund so it's easier to track your performance as an investor (unless of course you suck).
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oddballstocks

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Re: Rookie Fund Managers To Follow?
« Reply #18 on: March 08, 2016, 07:24:43 PM »
Did he close up his old shop due to bad performance? I don't understand why some people do that. Why not just maintain one fund so it's easier to track your performance as an investor (unless of course you suck).

That's exactly why, performance sucks and if it sucks bad enough it's too deep of a hole to ever climb out of.  Instead it's easier to just shut down for some reason and re-open and hope you do better the second/third/fourth/whatever time around.
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AtlCDore

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Re: Rookie Fund Managers To Follow?
« Reply #19 on: March 09, 2016, 04:27:08 AM »
Oddball,

The reason the funds shut down is that they are below the high water mark and so as strange as it sounds it's easier for them to shut down and then open a new fund.  Now you would think who is going to give them money but if they are a big enough name, there are plenty of people who want into the new fund. 

This was not an uncommon occurrence in the 2008/2009 period.

AtlCDore