Stanphyl Capital and Mark Spiegel

[pz1975]

there is podcast on youtube from few days ago i didn't listen to it, because it is two hours long. but in description it says that 20% of his portfolio is short Tesla (by means of shorting stock and selling calls). So in total position size is about 1,2 million. If his fund size is 6 million like it was posted here before.

He must have the highest media presence/$ ratio in the entire investing world. His TSLA investment is peanuts in size.

 

[Bullish_Bear]

Spiegel's Dec and whole year 2018 letter:

Stanphyl Capital Letter - December 2018 - Westell Technologies, Inc. (NASDAQ:WSTL) | Seeking Alpha

 

[CarlK]

Spiegel's Dec and whole year 2018 letter:

Stanphyl Capital Letter - December 2018 - Westell Technologies, Inc. (NASDAQ:WSTL) | Seeking Alpha

That's really funny. Not sure if this guy thinks we are fools or he was just showing what kind of fool he is.

 

[oneday]

Mark B. Spiegel on Twitter

Mark Spiegel writes letter to PWC regarding items of concern for 2018 audit. Gets response, they will take his concerns seriously.

This guy has no life.

 

[bhzmark]

Mark B. Spiegel on Twitter

Mark Spiegel writes letter to PWC regarding items of concern for 2018 audit. Gets response, they will take his concerns seriously.

This guy has no life.

It's actually the first intelligent thing I've seen him do. He must be pretty desperate to take that much care and time. But his specific complaints I don't think are that big a deal and are likely to not be of a concern to PwC. But we will see.

 

[Vm.one]

For 2019 I summarized his monthly return rate

Oct -8.6%
Sep -2.5%
Aug +6.8%
Jul -4.8%
Jun -11.5%
May ?? (Couldn't find)
Apr +2.9%
Mar +5.5%
Feb -0.8%
Jan +7.9%

And then he says ytd it's up 6.8%.

 

[Vad42]

December 2019 is out Dropbox - Stanphyl Capital Letter - December 2019.pdf - Simplify your life

December: -11.4%
And for the year: -6.5%.

Not bad. I expected him to do worse.

For 2019 I summarized his monthly return rate

Oct -8.6%
Sep -2.5%
Aug +6.8%
Jul -4.8%
Jun -11.5%
May ?? (Couldn't find)
Apr +2.9%
Mar +5.5%
Feb -0.8%
Jan +7.9%

And then he says ytd it's up 6.8%.

 

[jelloslug]

December 2019 is out Dropbox - Stanphyl Capital Letter - December 2019.pdf - Simplify your life

December: -11.4%
And for the year: -6.5%.

Not bad. I expected him to do worse.

It's amazing that someone can call themselves a fund manager with returns like that in such a good investment climate. A simple Vanguard fund is blowing him out of the water.

 

[mongo]

"Simplify your life"?
Is Mark following the advice of Notorious B I G?
Mo money mo problems.

 

[bhzmark]

THanks.

The main punch lines:

"For all of 2019 the fund was down 6.5% while the S&P 500 was up 31.5% and the Russell 2000 was up 25.5%.Since inception on June 1, 2011 the fund is up 53.7% net while the S&P 500 is up 187.5% and the Russell 2000 is up 121.8%.Since inception the fund has compounded at 5.1% net annually vs.13.1% for the S&P 500and9.7% for the Russell 2000."

"our recent non-TSLA shorts were profitable, as NFLX, SQ, W,NVTA and ROKU were all down since we shorted them; only CVNA wasn’t, so I suppose if anyone wants to hire me to run a short portfolio excluding auto-related businesses connected with securities fraudsters, I’m your man!"​

December 2019 is out Dropbox - Stanphyl Capital Letter - December 2019.pdf - Simplify your life

December: -11.4%
And for the year: -6.5%.

Not bad. I expected him to do worse.

 

[Gaetandp]

THanks.

if anyone wants to hire me to run a short portfolio excluding auto-related businesses connected with securities fraudsters, I’m your man!"

lol. Sad

 

[Vad42]

THanks.

The main punch lines:

"For all of 2019 the fund was down 6.5% while the S&P 500 was up 31.5% and the Russell 2000 was up 25.5%.Since inception on June 1, 2011 the fund is up 53.7% net while the S&P 500 is up 187.5% and the Russell 2000 is up 121.8%.Since inception the fund has compounded at 5.1% net annually vs.13.1% for the S&P 500and9.7% for the Russell 2000."

"our recent non-TSLA shorts were profitable, as NFLX, SQ, W,NVTA and ROKU were all down since we shorted them; only CVNA wasn’t, so I suppose if anyone wants to hire me to run a short portfolio excluding auto-related businesses connected with securities fraudsters, I’m your man!"​

At least he finally realizes he needs another job.

 

[pz1975]

Business as usual over in the asylum...
Mark B. Spiegel on Twitter

 

[jelloslug]

Business as usual over in the asylum...
Mark B. Spiegel on Twitter

I think at this point, government bonds are outperforming his fund.

 

[bhzmark]

Mark Spiegel further executes on his sell-low and cover-high strategy. https://twitter.com/markbspiegel/status/1216746223350108160?s=20

 

[bhzmark]

And yet he remains in good humor and wit. really amazing:

 

[bhzmark]

This was the position that he was stopped out at. He lost that bet in just three trading days.

 

[Gaetandp]

how do people not get their money out of that fund? would you leave it there

 

[mrwuffles]

And yet he remains in good humor and wit. really amazing:

View attachment 499609

It's not his money. The worst kind of trader is the one who can't overcome cognitive dissonance and rethink his position. He's too emotional. With everyone else coming around, he still plays the what-aboutism and calls Musk a fraudster, as if that will excuse his performance.

 

[jeewee3000]

It's not his money. The worst kind of trader is the one who can't overcome cognitive dissonance and rethink his position. He's too emotional. With everyone else coming around, he still plays the what-aboutism and calls Musk a fraudster, as if that will excuse his performance.

What boggles my mind more than Spiegel's incompetence is the insults and accusations he posts on twitter regarding Elon and Tesla.

Over here in Belgium you could easily get condemned for that and have to pay a hefty fine plus damages.