Mitch Rubin's fund has used a unique approach to reap 26% returns and double client assets this year. He breaks down his 3-part process for deciding which stocks to buy — and what to bet against.
Mitch Rubin, CIO and fund manager for RiverPark Capital, has seen his long-short fund double in size in 2020 as its returns have surged.Mitch Rubin's mutual fund is up 26% this year thanks to a mix of bets on the right high-growth companies and short positions on vulnerable stocks.
Investors are taking notice. His fund's assets have climbed from $92 million at the end of March to $205 million in early June, meaning they've doubled in barely two months. He chalks that up to both the fund's successes and to the nature of its approach. Rubin's approach boils down to taking long positions on companies that are poised for years of strong growth while shorting companies that face serious challenges. He told Business Insider about three qualities that he targets.Rubin says he wants to find companies that will double in value in four to five years. Acting as a high-growth investor, he fills the long side of his portfolio with about 100 companies that could do that.
more mature companies that look stable on the outside, but are inching closer to failure and could lose 30% to 50% of their value in two years"We generally want to short businesses where there is a structural fissure, an opening in the foundation of the business," he said."We're very conscious of where our belief in the risk in the market is different from the market's pricing in.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Hedge-fund investors: there's appetite for long-short equity funds - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
続きを読む »
Andreessen Horowitz launches fund to invest in nontraditional founders - Business Insider'Words by themselves are empty': Andreessen Horowitz is launching a new nonprofit fund to invest in founders that 'lack the typical background and resources' to get on Silicon Valley's fast track to success.
続きを読む »
How to invest in real estate not using your own money: Josiah Smelser - Business Insider'I'm buying the property with 100% of other people's money': Here's the creative real-estate-investing strategy Josiah Smelser used to complete almost $4 million in deals over the last 12 months
続きを読む »
Silicon Valley has its own long-standing systemic racial problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
続きを読む »
Long lines as McDonald's opens drive-thru locations in UK and Ireland - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
続きを読む »
3 unemployment proposals that could be part of next coronavirus relief bill - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
続きを読む »