SATURDAY, AUGUST 18, 2012

Tracking Top Funds Activity: Q2 2012

Earlier this week, wrote a comment on setting your sights on Soroswhere I briefly discussed what some top hedge funds bought and sold in Q2 2012. Will dedicate this weekend to take an in-depth look at how top funds positioned themselves during the second quarter.

Before I proceed, please remember the three sacred rules of 13-F filings:

  1. Never buy or sell any stock based solely on 13-F filings.
  2. Never buy or sell any stock based solely on 13-F filings.
  3. Never buy or sell any stock based solely on 13-F filings.

Got it? Good because if you don’t adhere to these rules you will suffer enormous losses chasing the latest fad that some “guru” is supposedly buying. And yes, I am thinking of the Facebook (FB) IPO flop.