Lorenzo Villalon, General Partner of Versant Partners, examines portfolio management strategies in this timely and deeply informative 2,600-word interview from The Wall Street Transcript.
Villalon reports, "We have a conservative approach to investing. We have a well-diversified portfolio (typically 25-35 companies on the long side), with no single name accounting for more than 5%-6% of the total. We also typically carry anywhere from five to 15 names on the short side and are able to move quickly into a defensive posture when market conditions warrant."
Villalon continues, "Capital preservation is one of our stated priorities. We have a very low tolerance for losses and, as we tell our clients, when quick decisions are called for to protect the portfolio, we move 'without emotion or delay,' whether in cutting losses, increasing our short exposure, or increasing our cash reserves."
Villalon highlights AstroPower (Nasdaq:APWR), "We are very impressed with their solar panel technology and with their financial success. They are growing revenues at 50% and are quite profitable."
To obtain this insightful 2,600-word report, call 212/952-7433 or see twst.com
FYI
Jim |
