Alan Alpers, a former executive at Navellier & Associates, recently opened up Comstock Investment Advisors and launched his first hedge fund. The Comstock Core Fund is a quantitative long/short equity fund. Joining Alpers at Comstock is principal Bud Leedom, who developed the algorithm and software programs used by the fund. The firm is based in Reno, Nevada.
Comstock Core uses a quantitative program to help identify signs of pre-price momentum, looking to go long stocks that appear to be on the rise and short stocks that may falter. The fund also incorporates some fundamental