Absolute Return also revisits Balestra's exploding assets.
One year ago
>> Bill Ackman, Boaz Weinstein and other hedge fund managers presented their stock picks at the Harbor Investment Conference in New York. Ackman's suggestions were mixed (Business Insider has a full accounting here), while Weinstein's suggestion later became famous as the so-called Whale Trade (see below).
But both press darlings were outclassed by the less-well-known Howard Shainker, cofounder of Bow Street Partners. His selected stocks, Rentech (RTK) and Rentech Nitrogen Partners (RNF), are up a respective 101% and 71% since he advocated them on February 3, 2012. His thesis relied on