News Feed Item
Oracle Fund Continues Growth Trend, Reports Second Quarter Performance of 4.45%
|By PR Newswire
|July 30, 2014 08:40 AM EDT
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.
Javier Gonzalez, Investment Manager
230 Park Ave, 10th Floor
Phone (212) 729 4318
SOURCE Oracle Fund
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement.
In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Aug. 29, 2016 05:03 PM EDT
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open.
Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Aug. 29, 2016 04:30 PM EDT Reads: 3,559
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago.
All major researchers estimate there will be tens of billions devices - comp...
Aug. 29, 2016 02:15 PM EDT Reads: 3,735
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing.
In his session at 19th Cloud Expo, Raghav...
Aug. 29, 2016 02:00 PM EDT Reads: 981
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th 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 dev...
Aug. 29, 2016 02:00 PM EDT Reads: 2,476
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls?
In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Aug. 29, 2016 01:01 PM EDT Reads: 234
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value.
In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aug. 29, 2016 12:45 PM EDT Reads: 2,019
There is growing need for data-driven applications and the need for digital platforms to build these apps.
In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications.
In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Aug. 29, 2016 12:15 PM EDT Reads: 819
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time.
In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Aug. 29, 2016 12:00 PM EDT Reads: 871
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Aug. 29, 2016 12:00 PM EDT Reads: 3,189
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet.
In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Aug. 29, 2016 12:00 PM EDT Reads: 825
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Aug. 29, 2016 08:15 AM EDT Reads: 739
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 29, 2016 08:00 AM EDT Reads: 849
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aug. 29, 2016 08:00 AM EDT Reads: 942
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better.
The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 29, 2016 07:30 AM EDT Reads: 819