High Conviction: Tide Is Rising for the Global Shipping Sector
Brad McFadden of the Daily Trading Report manages a global macro proprietary fund that’s essentially “looking for beta rather than alpha.” They’re looking to ride primary trends of major asset classes with about half of their capital, and look for deep value or overvalued situations in global sectors or themes (not individual stocks) with the other half – with exposure gained primarily through ETFs and LEAPS options.
Without third-party investors, he says, “we’re not bound by the unspoken requirement to produce positive returns on a quarterly or even semiannual basis. Perhaps this is why we are not scared to look to sectors/markets that are completely out of favor.”
Investing, Long Term Investment, stock market | admin April 29, 2010
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