The Name’s The Same

There was a 1950’s game show called “The Name’s The Same” that was a takeoff of “What’s My Line?” The idea was that 3 celebrities on a panel had 10 questions each to guess the name of the contestant who shares a name with a famous person, place or thing. I wasn’t alive back then, but if they did the show today, I could be a contestant. Despite making numerous attempts on this site to disclose that I am not the famous “Michael Steinhardt” who ran a very successful hedge fund from 1967(when I was 1 year old) to 1995 and who is now the chairman of WisdomTree Investments, the confusion continues. In fact, lately it has gotten worse. Michael is a very common first name. Steinhardt is not a very common last name. However, it is possible that two people could have the same combination and it is possible that they both could have a passion for stocks. For the record we do have different middle initials. So one more time … I am not him, he is not me. If you are reading this blog because you want to hear from the other guy, please question why you would think that Michael would run a site like this. I started HEDGEfolios to provide a public track record of my ability to simultaneously manage over 3500 stocks similar to a large long/short hedge fund.  He’s already run a hedge fund and if he wanted to run a new one next year (like me) then he wouldn’t need to do what I have done to attract capital.   I write to share my thoughts on the markets and portfolio management - not his. I owe him an apology if he has to deal with anyone that ignorantly assumes he made the comments coming from me. Michael has to do nothing to prove his ability, he did that already. He made a name for himself in this business - one of the greatest investors of all time. The name’s the same…I’ll do it my way…but it’s time for me to do the same.