In 2001, the fund returned 35.9%, compared with a return for the Russell
2000 Index of 2.5%, while the Standard & Poor's 500 index was down 11.9%,
Hughes said. In 2003, the fund returned 355.2%, compared with 47.3% for the
Russell 2000 and 28.7% for the S&P 500, according to Hughes
This is an article that leaves out some very important info.
he currently runs 10 million, he was up 36 percent in 2001 and up 355.2 in 2003. if he is only running 10 million he must have wiped out his investors in 2002 and had a major hit where he went for the fences in 2003 and got lucky.
why didn't the writer give his returns for the last 5 years. Wouldn't that be important if we want to put any credence on his holdings.
Maybe I will contact her to write a story about me so I can pump my stocks.