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TEAMX - Team Asset Strategy Update (-66% in Last 6MO)
Note the last update on the fund's website is December 2011.
"In many respects, I think it would be productive for us and our investors to pull a Rip Van Winkle next year. My confidence in our outlook is pretty high, but I think we are likely to endure an unpredictable journey to get there. Falling asleep for 12 months would probably be easier, but that would result in missing all the "fun"!"
Reply to @fundalarm: This fund actually started off reasonably well - it was the #1 performer in the category in 2010. It then continued to hold its gold miner bets (as well as an assortment of other odds and ends) and has proceeded to implode since.
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http://www.teamassetstrategy.com/
"In many respects, I think it would be productive for us and our investors to pull a Rip Van Winkle next year. My confidence in our outlook is pretty high, but I think we are likely to endure an unpredictable journey to get there. Falling asleep for 12 months would probably be easier, but that would result in missing all the "fun"!"
David really has to do a story on this....
http://blog-teamthink.com