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| Indie Research After emerging as a new hedge fund star in 2008, Peter Thiel has struggled in 2009 as a bearish outlook has left him sitting on the sidelines for this year's stunning rebound. According to Bloomberg, Thiel's hedge fund Clarium Capital was down -15.8% as of the end of September. Thiel told an investor conference in October, "There was a degree to which the financial economy has been extremely decoupled from the real economy," according to Bloomberg. A failure to recognize that decoupling has been at the center of Clarium's struggles this year. Nonetheless, investors remain intrigued by Thiel's pedigree as a co-founder of PayPal back in the dot-com era and as a board member of popular social networking website Facebook, where he reportedly owns a 5% stake. Thiel has generally eschewed his dot-com roots and tended toward blue chip, value-oriented holdings. Clarium's top positions at the end of Q3 show footwear firm Nike (NYSE: NKE - News) as the largest stake. Thiel opened the holding there during Q3. Also new to the Clarium portfolio during Q3 were electronics manufacturing services firm Jabil Circuit (NYSE: JBL - News), lab equipment maker Becton Dickinson (NYSE: BDX - News), outsourcing firm Automatic Data Processing (NASDAQ: ADP - News), bond insurer MBIA (NYSE: MBI - News), and drugstore Walgreen (NYSE: WAG - News) Thiel also reported stakes in tech blue chips Hewlett-Packard (NYSE: HPQ - News) and Intel (NASDAQ: INTC - News) and burger giant McDonald's (NYSE: MCD - News). Pro portfolio performance is based on institutions' top-15 holdings as disclosed in quarter-end filings with the SEC. Pro performance does not take into account additional holdings beyond the top 15 nor does it include positions that are not required to be disclosed by the SEC. As such, Pro portfolio performance should be considered an approximation and not a precise record of how an institution has performed over time. Fun and informative, tickerspy.com is a free investing website where you can track multiple stock portfolios and compare against 250 proprietary Indexes tracking themes from stem cells to green energy to precious metals. Best of all, tickerspy.com lets you spy on the portfolios of nearly 3,000 Wall Street institutions and hedge funds and see graphs of their performance. Try tickerspy.com today and find out how you stack up against investing legends like Warren Buffett!
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