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.

T2 Partners 2010 Returns and Investor Letter

Whitney Tilson’s T2 Partners got burned during the fourth quarter of 2010, losing 3.3%. More than half of the fourth quarter loss was in October. Netflix (NFLX) was T2 Partners’ biggest loser in 2010 even though Tilson trimmed the short position and replaced part of it with put options. Currently Tilson’s T2 Partners is 100% long and 60% short, with a net exposure of 40%. However, his short book had a much higher beta than his long book.

T2 PARTNERS

T2 Partners returned 10.3% in 2010, underperforming the S&P 500 index by nearly 5 percentage points including dividends. This doesn’t necessarily mean that they don’t have alpha. In fact, Insider Monkey, your source for free real time trading data, calculated Whitney Tilson’s alpha (we used most of his 2010 returns as well)  to be around 4.5% during the past three years. Later, we’ll be discussing T2 Partners’ investor letter.

Whitney Tilson T2 Accredited Fund Annual Letter-2010

Biotech Insider Alert - $5 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
X

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!