Going forward, this guy is not going to track any better than other Hedge Funds.
The same goes with Buffett. The recent railroad investment will be lackluster and will prove Mr. Buffett has lost his touch. His only hope is deals like the one with Goldman Sachs.
The reason the battery co. did well is the large infusion of cash into a startup environment business. In today’s environment, and for the foreseeable future, it’s going to be operations that can run efficiently or have proprietary products.