|
|
|
 |
 |
 |
 |
   |
Recipes for Disaster
1996
RETURN YTD* STRATEGY
LINDNER BULWARK 28.77 +1.5% Aims to prosper in inflation-
induced bear market; holds
gold stocks and big short posi-
tions
ROBERTSON STEPHENS 21.69 +4.6% Global stock holdings hedged with
CONTRARIAN short positions and futures
MATHERS -0.07 +2.0% Large bond holdings are combined
with gold stocks and short posi-
tions in S&P futures
COMSTOCK PARTNERS -1.26 -0.5% Buys mainly bonds and gold stocks
STRATEGY A
COMSTOCK PARTNERS -5.67 -2.3% Takes big short positions and buys
CAP. VALUE A put options betting against the
market
RYDEX URSA -12.44 -5.5% Tries to move in opposite
direction of S&P 500 through use
of futures and options
PRUDENT BEAR -13.69 -3.4% Sells stocks short and buys
options betting against the market
S&P 500 INDEX 22.96 +6.8%
* AS OF MARCH 4
DATA: BUSINESS WEEK, MORNINGSTAR INC.
|
Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use