On the day that the markets smashed passed 24,000 on the Dow, we look today as a spotlight, this question. What is a hedge fund?
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
MH “Industry News, Tips and Views, Pros Can Use.” ©
Selected headlines and bullets from CNN Money:
- Bitcoin craziness spreads to Overstock, Square
- Why Twitter didn’t delete anti-Muslim tweets
- Obamacare enrollment could fall millions short for 2018
- After Lauer, morning show ‘family’ will never be the same
- ‘Today’ show fans show up day after Lauer firing
- Lauer: ‘To the people I have hurt, I am truly sorry’ Trending
- American Airlines: ‘few hundred’ flights don’t have pilots
- The Senate tax bill would add $1 trillion to deficits
- Kaepernick earns Sports Illustrated’s Ali Legacy Award
- RVs are booming right now
- Simmons steps down after sexual assault allegation
Selected headlines and bullets from Fox Business:
- Dow soars past 24,000 for first time
- McCain backs U.S. Senate tax bill, boosting chances of approval
- Oil mixed as OPEC extends cuts, Nigeria and Libya included
- Bitcoin loses over a fifth of its value in less than 24 hours
- Bitcoin is ‘going mainstream,’ billionaire investor Mike Novogratz says
- Applebee’s offers $1 Long Island Iced Teas through year’s end
- The hottest cars at the 2017 LA Auto Show
- NFL’s Fletcher Cox sued for ruining marriage, seducing NC man’s wife
- North Korea: Economic strangulation can curtail Kim Jong Un, Gen. Keane says
- Russell Simmons stepping down from companies after sexual assault allegation
- Matt Lauer scandal threatens ‘Today’ show’s $500M ad revenue stream
ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here.
Today’s markets and stocks, at the closing bell…
S&P 500 2,647.58 +21.51(+0.82%)
Dow 30 24,272.35 +331.67(+1.39%)
Nasdaq 6,873.97 +49.58(+0.73%)
Crude Oil 57.41 -0.70(-1.20%)
Gold 1,274.00 -8.10(-0.63%)
Silver 16.38 -0.08(-0.47%)
EUR/USD 1.1903 +0.0004(+0.03%)
10-Yr Bond 2.417 +0.041(+1.73%)
Russell 2000 1,544.14 +1.84(+0.12%)
Manufactured Housing Composite Value
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
An introductory look at the question, what is a hedge fund? 
What is a Hedge Fund? That’s what our spotlight report will be today, an infographic explanation useful for the casual markets watcher or entry level investor. The infographic is by StocksToTrade, and the selected commentary from Visual Capitalist.
HEDGE FUND BASICS
Hedge funds are generally structured in a similar manner to venture capital funds:
General partner: “This partner is in charge of the fund, and invests capital based on the fund’s objectives.”
Limited partner: “This partner is an investor that supplies some of the capital. It’s worth noting that generally only accredited investors are allowed by the SEC to invest in hedge funds, as they are considered high-risk investments.”
“With the money from general and limited partners, the fund executes on its investing strategy. Hedge fund strategies can range from trading currencies with extreme leverage to using event-driven tactics such as taking activist positions in companies.
Other hedge funds, such as Renaissance Technologies, are known for their focus on trading using big data, AI, and machine learning – and for taking an outside approach to investing by hiring mathematicians, physicists, or other people with non-financial backgrounds.
It’s most common for hedge funds to use a “two and twenty” fee structure. Limited partners pay a 2% asset management fee, and a 20% cut from any profits generated,” per Visual Capitalist, as is what follows.
PROS AND CONS
“Arguably, the biggest benefit of investing in hedge funds stems from the ability to partner with some of the world’s top investment managers, and to generate returns that do not correlate with the market. Hedge funds can help to diversify a portfolio – and when the general market is struggling, hedge funds using the right strategy can still provide a handsome return.
In terms of cons, hedge funds require investors to lock up money for extended periods of time, and also tend to charge significant fees. Lastly, the use of leverage can magnify small losses, and a lack of diversification within a given fund can lead to more concentrated losses, as well.”
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4
Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2
Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
LCI Industries, Patrick, UFPI and LP all supply manufactured housing.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
Your link to a recent round of industry praise for our coverage, is found here.
For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”
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