ManyPeaks.com

No, not a +3% day for client accounts.. This was much bigger.
Elizabeth & I tied the knot on Saturday night ! (When they come in, a few pictures will be posted on my personal blog www.buckv.com)
Until early May, our honeymoon will keep me far, far away from the markets. The break is much […]

It took quite a while, but I finished up draft 1 of our real www.teewinot.us company website.
Hopefully the content helps potential investors understand our services more clearly.  Further additions — especially the marketing materials — will likely have to wait for Elizabeth & my return to the United States in early May.

March is now in the books, and Year-To-Date performance numbers have been updated on the ManyPeaks.com blog.
After one quarter, I am pleased to be on target to meet all 3 goals for ManyPeaks Absolute Return accounts:

No down years.
Double digit annual returns.
Beat market indexes over time.

I attribute this quarter’s outperformance primarily to reworking Teewinot’s risk management […]

For once, a post not about the stock market…
I have not found great responses to my (albeit limited) marketing efforts the past few months.. and in addition to very average salesmanship, I’m getting a sinking suspicion why.
A recent survey revealing many affluent investors’ lack of knowledge and interest — and also perception of risk — […]

While on vacation in Jackson Hole last week, a client inquired why — after mostly dodging the waterfall selloff 2 weeks ago — their Absolute Return account hadn’t participated in the 3 day rally from Monday 3/19 thru Wednesday 3/21.
My email response:
First, on a daily chart — my primary timeframe for gauging the health of […]

What’s this, a hedge fund deciding to offer greater transparency and liquidity to clients? Monthly reporting and short lockups? What could they be thinking!
As a newer manager with a very pedestrian 9 month public track record, I basically have to offer such features.. In fact, Teewinot clients have 100% liquidity and receive […]

First and most obvious is the smart money / dumb money issue. If the smart guys are selling, do you really want to be buying? This is a concept to consider with any IPO… but in most IPO’s it’s businessmen & entrepreneurs cashing out, not savvy hedge fund & private equity guys. […]

The New York Times’ estimable DealBook blog posted today that Many Investors Fume Over Hedge-Fund Rule.  I’m m not the only one thinking the government should do far less “protecting” us from ourselves.
Last week’s IPO of Fortress (FIG) brings still another interesting twist on the issue — which I still promise to cover this week.
The […]

The SEC has apparently run out of corporate crooks to catch, because they are focused once again on regulating the hedge fund industry. After their last attempt failed, they are taking a new angle: limiting investor participation by raising the minimum net worth level.
This would unfortunately affect Teewinot Asset Management, even though we […]