Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
The tastiest deal in Long/Short US Equity space we’re still capitalizing on is:
You’re not hearing about this deal in the Goldman Hedgie Hotel (GVIP) index? Good. It’s Hedgeye originated deal flow where we charge no banking or deal fees! Seriously our fully loaded (with no fees) returns are Long Housing (ITB) = up +14.9% and Short Software (IGV) = down -7.4% since July 26, 2019. That’s +2300 basis points of #Quad4 alpha, in 3 months! Man I bet some people must be killing it with that setup. No wonder why they aren’t distracted by Boris and beans.