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Whitney Tilson Fund Update
Whitney Tilson's T2 rose 4.6% in March, and 10.1% in Q1, primarily due to its GGP holdings. Also, Iridium appears to still be in business and generating returns for T2. Other longs include such non-blue chips as Borders, Winn-Dixie, Resource America and Yahoo. The fund's short book seems to not have done so well, with key names Lululemon, DineEquity and MBIA surging during the period. The one bright spot on the short side was Palm.
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Seems like an advertisement.
Iridium, another bust for Motorolla back in the telecom bubble. I was wondering what ever happened to that project.
I thought Clive Cussler made it up.
Math isn't my strong suit, but I'm pretty sure the S&P wasn't up 5.4% for the qtr.
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