Top Hedge Fund Managers in 2012

March 18, 2012 James Heinsman Tops

According to Insider Monkey, a blog which advises do-it-yourself investors, the following hedge fund advisors had the best performance so far during 2012.

1.    Eddie Lampert picked 8 stocks this year for an incredible return of 44.1 percent. His best pick was Sears (SHLD.)

2.    Bruce Berkowitz likes to do what everyone else is not doing, a contrarian with conviction. This year he bought 16 stocks and had a value-weighted return of and impressive 37 percent. He was also invested in Sears, and Bank of America for a 46 percent return.

3.    Michael Katz of Glenrock Global Partners is not a famous hedge fund manager, but that did not prevent him from doing quite well. Katz chose 13 stocks in the large cap category, making 30.6 percent gains.

“We are basically long-short global stockpickers with a value bias, and we also pay close attention to the big macro picture. On the long side, we go for what we think are deeply undervalued stocks with lots of upside that we can buy at liquidation values or less. On the short side, we go for highly priced stocks with poor fundamentals that the market hasn’t focused on yet,” Katz said in an interview with Barron’s.

Bank of America, Bruce Berkowitz, Eddie Lampert, Glenrock Global Partners, Insider Monkey,

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