Billionaire Larry Robbins’ Glenview Capital Crushes 2019 with Eye-popping Returns After a Year that

Discussion in 'Wall St. News' started by dealmaker, Jan 8, 2020.

  1. dealmaker

    dealmaker

    Billionaire Larry Robbins’ Glenview Capital Crushes 2019 with Eye-popping Returns After a Year that Lost the Firm Billions (Business Insider)
    Billionaire Larry RobbinsGlenview Capital had a banner year, posting returns of nearly 30% in its flagship fund when the average hedge fund returned just over 8%, according to Hedge Fund Research. Glenview had lost billions in assets since 2017 after poor performance, though the firm said most of the redemptions have come from its long-only fund. While the firm more than tripled the returns of the average hedge fund, it still trailed the overall stock market, which finished 2019 up 33%, including dividends.
     
    Nobert likes this.
  2. jordi742

    jordi742

    Impressive returns. Yeah sure, being up 30% when the s&p500 gained 31,5%.
    Very impressive....
     
    jys78 and Nobert like this.

  3. LOL, indeed... and I think under-performing for awhile?
     
  4. Rhetorical question: why people invest in hedge funds as opposed to SPY?
     
  5. SteveM

    SteveM

    We used to have a thing called market cycles, bear markets, risk, fat tails, etc.
     
    trader99 likes this.
  6. :thumbsup::D
     
  7. probably, a trend following system
     
  8. ironchef

    ironchef

    Some folks need to hedge.