Welcome!

News Feed Item

Oracle Fund Continues Growth Trend, Reports Second Quarter Performance of 4.45%

NEW YORK, July 30, 2014 /PRNewswire/ -- The Oracle Fund offers an opportunity to enter an investment partnership that's already shown tremendous potential for long-term capital gains, according to Fund Manager Javier Gonzalez. Oracle Fund's strategy effectively insulates it from the typical ups and downs of the market.

Naturally, Oracle Fund's primary objective is to build wealth for its partners. Annually, the fund's General Partner seeks to outperform most equity indices by 5 to 15%. Capital gains from the fund are continually reinvested, so the fund is ideal for those focused on the long-term economic picture rather than short-term gains. The Oracle Fund Partnership is administered by Core Fund Solutions, audited by Arthur Bell CPAs, and the General Partner is Wharton Global Capital.

Gonzalez contends that while many analysts have been shouting "correction," the market is in fact poised to move higher. "The bears have been roaring about the fragility of the market's record-setting numbers, but the fundamental and technical aspects are all reasonably solid. A vocal minority expects the bulls to keep running through 2014 and beyond. In other words, there's no sense waiting for what might only be a minor correction. Today is a fine time to invest, and Oracle Fund is a great opportunity to become part of something special."

"Federal Reserve Chairwoman Janet Yellen has promoted a monetary policy of continued low interest rates," Gonzalez added, "she is more dovish than predecessors like Greenspan and Miller. She notably prioritizes employment and will likely allow inflation to significantly surpass 2%. Can we get a more dovish Chairwoman than a Berkeley professor? While it might be optimal during an extreme recession, it might prove otherwise in a healthy environment."

The philosophy of Oracle Fund takes a contrary position to the much-ballyhooed Efficient Market Theory. The Partnership's global macro segment of the portfolio looks for cheap markets with positive catalysts. Currently, China looks attractive, as well as Brazil and Thailand. The investment manager looks for catalysts such as elections, financial regulation reform, or important changes in monetary and fiscal policy. Over the medium-term the excess returns might be tempting for some investors.

On the long/short side of the portfolio the focus is in the top of securities in terms of their businesses, their predictability, and technical factors.

Selection of investment securities for Oracle Fund follows two key principles. First, the Partnership endeavors to limit the risk of capital loss as much as possible. Second, investments with a realistic possibility of doubling are prioritized as part of the goal of seeing Oracle Fund itself double. At any one time, approximately 70 to 80% of the fund consists of 6 to 10 securities that share the aforementioned characteristics. The remaining 20 to 30% is spread among smaller positions. Of the roughly 8,000 publicly traded securities in the US, only about 1% meet the Partnership's rigorous criteria. But even with just 80 stocks from which to choose, Oracle Fund still achieves diversity.

Ample time is devoted to research as part of informing the Partnership's investment decisions. With his expertise in fundamental, technical and global macro factors, Gonzalez leads the research efforts, which include an examination of historical precedents and backtesting.

Despite the fund's strong quarterly earnings, Gonzalez cautions against making too much of short-term numbers. "Weekly, quarterly and even annual metrics can sometimes be distracting when the strategy is to take the long view," he explained. "In other words, we're much more interested in Oracle Fund's performance in five- year increments. That's where true wealth is created rather than in the effervescent cycles of boom and bust."

With the realistic expectation that Oracle Fund will continue to grow, the General Partner may elect to close the fund to outside investors in the next few years.

About Oracle of Investing Fund LP

Oracle Fund is managed by Javier Gonzalez, PhD through Wharton GC. The Oracle Fund™ is a long/short, global macro hedge fund. Fund Manager Javier Gonzalez holds a Ph.D. in Economics from the University of Pennsylvania.

Contact:
Javier Gonzalez, Investment Manager
Oracle Fund
230 Park Ave, 10th Floor
Phone (212) 729 4318
Email

 

SOURCE Oracle Fund

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...