Can someone name the guy interviewed in Barrons. He is the classic example of what is wrong with the hedge funds. All momentum-no fundamentals. This guy actually doesn't know that earnings will have huge increases over prior year regardless of what same store sales are. These momentum idiots who are over-educated and under-employed think making money is trading while the real money is made by patient investors who understand the fundamentals and ride the trend when you have a management team as good as this one. Please share the name of this braindead and his firm.
Barron's reporter, neil martin,interviewed two management types who direct the legend global value hedge fund. Barrons asked "what have you shorted recently?" and ms. Soraya betterton is the one who stated that "tractor supply" was shorted because comp-store sales growth will be lower this coming year, also they cant repeat the purchase of quality stores'assets. perhaps the most controversial disclosure by ms. Betterton is her statement that joe scarlett tsco chairman/ceo is planning to sell some shares for the first time in many years. Can anyone reading this message board confirm (or deny) if j. Scarlett has, or will, be selling some of his tsco shares? I am responding to message 1975 with as much detail as possible. One question was asked, and a brief answer was given by ms. Betterton and now you know the rest of the story (with apologies to paul harvey)