west Posted July 18, 2014 Posted July 18, 2014 For those who follow the Oceanstone Fund (which has been mentioned both here and in Fortune magazine a few times), I have some bad news. Unfortunately, James Wang has passed away and the fund will be shutting down: http://www.sec.gov/Archives/edgar/data/1366043/000116204414000830/ocean497201407.htm I don't think he was that old...
hardincap Posted July 18, 2014 Posted July 18, 2014 Any word on what happened? Accident or natural? I recall he was in his early 60s. Really unfortunate.
west Posted July 18, 2014 Author Posted July 18, 2014 Unfortunately, I just saw the SEC filling, which doesn't provide any specifics.
Guest Posted July 19, 2014 Posted July 19, 2014 Sorry to hear about this. I like this "out of the box" guy.
Vish_ram Posted July 19, 2014 Posted July 19, 2014 R.I.P. What a shocker!! His performance was awesome. if he had lived for another 10 years, he could have brought his AUM to a billion dollars.
randomep Posted July 20, 2014 Posted July 20, 2014 R.I.P. What a shocker!! His performance was awesome. if he had lived for another 10 years, he could have brought his AUM to a billion dollars. He is going to be the James Dean of investing.
siddharth18 Posted July 20, 2014 Posted July 20, 2014 Didn't he ride RiteAid from ~$1 to $7 ? He had crazy performance while holding significant cash. He was quite reticent and avoided publicity. Would've loved to know more about him, but RIP!
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now