Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Paulson, Berkowitz, and Ackman Are Among The Worst Stock Pickers in August

John Paulson, Bruce Berkowitz, and Bill Ackman are among the worst stock pickers in August. We excluded hedge funds (and mutual funds with stellar reputation) with less than $1 Billion invested in large U.S. companies. We detailed our methodology in our previous article “Best Stock Picking Hedge Funds“. These calculations are based on long stock positions only. We believe individual investors are more likely to imitate these bets, so we excluded hedge funds’ other positions.

best gold ETF

Our calculations showed that Carl Icahn has the best record in August among the prominent hedge funds with large portfolios. Warren Buffett’s conservative portfolio also overcame the poor performance of his banking stocks. According to Dealbook, John Paulson’s Advantage Fund lost 12.8% in August. Our calculations estimate his loss at 11.5% which is pretty close. Our calculations also show that Bruce Berkowitz‘s and Bill Ackman‘s long stock picks lost more than 10% in August. Richard Blum had the worst record though with a 20+% loss.

Here are some of the worst stock pickers in August:

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!