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Our calculations showed that top 5 most popular stocks among hedge funds returned 95.8% in 2019 and 2020, and outperformed the S&P 500 ETF (SPY) by 40 percentage points. These stocks gained 19.3% in 2021 through June 25th and still managed to beat the market by 4.8 percentage points. ...
Clearly, there has been some demand destruction, and perhaps this was enough to cause the price of gasoline to come back down a little. But maybe it wasn’t. Maybe this demand destruction wasn’t the cause of the decline in gasoline prices. Maybe they fell f...
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