Everything so far is a money loser. JCP - dumped at a 50% loss HLF - his short is not doing good. Obviously he is trading other peoples money, I am surprised people are not leaving in droves yet.
I read he made 1300% on that GGP. That might carry him for awhile. Also MBI was a huge win. He seems like an arrogant sob.
as of aug 5th his fund was still green on the year- even in the midst of all of these high profile losing trades he's still doing better than a lot of people. (that's how he manages to keep assets under management)
he's actually good...he just let himself get in a pissing contest with the other hedgies and lost sight on his goals.
good point, although the market is up 16%, so if his fund is up 4% let's say, he is still way underperforming...
So he bought JCP at $25 in 2010. The stock went above $40 in early 2012 topping at 43 and he let it slip back to a 50% loss... Niiiiiiiiicceee.....