Welcome!

Recurring Revenue Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Zakia Bouachraoui

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.

IoT & Smart Cities Stories
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. 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 busine...
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...