8 Stocks to Sell Now According to Mitch Cantor's Mountain Lake Investment Management
In this article, we discuss 8 stocks to sell now according to Mitch Cantor's Mountain Lake Investment Management.
Mountain Lake Investment Management, founded in 2001 by Mitchell Cantor, is a distinguished hedge fund manager headquartered in California. Specializing in investment strategies tailored to meet diverse financial objectives, Mountain Lake Investment Management is renowned for its expertise in navigating dynamic market landscapes.
Mitchell E. Cantor serves as a Member at Mountain Lake Investment Management LLC, which he founded in June 2001. In his role, Mr. Cantor oversees portfolio management and research, leveraging extensive experience in the financial industry. Mr. Cantor began his career as a Research Analyst at Sanford C. Bernstein & Co. in 1983, where he quickly advanced to Director of Research by 1986. His career then led him to Goldman Sachs Asset Management (GSAM) in 1991, where he served as a Portfolio Manager and later as Co-Chief Investment Officer, responsible for U.S. Equity Investing. During his tenure at GSAM, he also chaired the U.S. Asset Allocation Committee and held memberships on the Global Asset Allocation and Strategic Planning Committees. In 1996, Mr. Cantor joined Weiss, Peck & Greer, a prominent $13 billion money management firm, where he assumed the role of Chief Executive Officer. His leadership at Weiss, Peck & Greer further solidified his reputation as a seasoned executive with a deep understanding of investment management and strategic oversight.
Mountain Lake Investment Management operates as a hedge fund managing discretionary assets totaling $160,030,389, as reported in their Form ADV dated March 2024. Serving one client, the firm's latest 13F filing for the first quarter of 2024 disclosed $96,440,133 in managed 13F securities, with a notable top 10 holdings concentration of 79.55%. Their largest holding is in ETFS Physical Swiss Gold Shares, with 625,000 shares held.
