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Whitney Tilson and Partner Glenn Tongue Parting Ways

July 20, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Whitney Tilson is reported to have sent a letter to the investors in T2 Partner funds saying that:

- He has dissolved his hedge fund and will be parting ways from his partner Glenn Tongue.

- He has sold majority of his positions including Berkshire Hathaway (BRK.A)(BRK.B), Goldman Sachs (GS), J.C. Penney (JCP), AIG (AIG) and Netflix (NFLX).

- He has raised his cash position to 70%.

- He will building his portfolio slowly with 60% long bets and 40% shorts.

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.8/5 (8 votes)

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