In yesterday’s article, we took apart at a high level Glenview Capital Management founder Larry Robbins’ portfolio management approach and addressed his macro concerns. ValueWalk was first to report the letter. Looking at his portfolio positions in more detail today we view the highlighted portions through the lens of predictable returns and sustainable revenue at a generally unrecognized value. Here we observe a pattern in investment thesis that makes understanding the “invest on a drawdown” logic seem less foggy. Glenview Capital Management portfolio moves In the fund’s 1st quarter letter to investors, Glenview Capital Management highlighted five investments that illustrate what…
Glenview Capital Management Bullish On HCA – Notes “One Of These Is Not Like The Other”
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.