The Continuing Saga of Team Asset Strategy (TEAMX)

scott

Yes, I'm fascinated by this fund and its concentrated, bizarre bets.

down almost 70% YTD and almost 90% since its peak a couple of years ago. Yet, does it liquidate? No.

http://finance.yahoo.com/echarts?s=TEAMX+Interactive#symbol=teamx;range=ytd;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

Ted

Dear Scott & Others: I wonder what the shareholders who have $6.2Million invest in the fund are thinking ?
Regards,
Ted
TEAMX Portfolio: http://portfolios.morningstar.com/fund/holdings?t=TEAMX&region=USA&culture=en-US

Charles

Reply to @Ted: TEAMX looks like a sick joke. Its shareholders clueless and exploited. Like those in the scene of old-folks' home in the movie Chinatown.

scott

I'm guessing people they know?

VintageFreak

I doubt it is people "they" know. People clearly don't know. Or maybye they know they bought an inverse fund. Why this fund is classified as "Multialternative" when half its assets are shorting the Russel 2000 is beyond me.

scott

Reply to @VintageFreak: Actually, my question is how could people be left if they don't know them - have some sort of attachment to the management?