-
Whitney Tilson: Short Netflix (NFLX)
Friday, December 3, 2010 - 12:59pm | 118At yesterday's Bloomberg 2010 Hedge Fund conference, T2 Partners fund manager Whitney Tilson said that he was short Netflix (NASDAQ: NFLX), and has been short the name for the last 100 points to the upside. He said he likes the business, but sees it realistically trading around 25 times earnings,...
-
Donald Lindsey Likes Stocks
Thursday, December 2, 2010 - 5:44pm | 36Donald Lindsey, chief investment office of George Washington University is speaking at the Bloomberg 2010 Hedge Fund Conference and Lindsey says he loves U.S. equities, and he thinks U.S. Treasuries are a terrible asset class.
-
Larry Meyer: Bullard Biggest Dove On The Fed
Thursday, December 2, 2010 - 5:29pm | 77Laurence Meyer is speaking at the Bloomberg 2010 Hedge Fund Conference and he says that James Bullard, St. Louis Fed President is the biggest dove on the FOMC, as he believes quantitative easing is more powerful than any of them. According to Meyer, he is widely misunderstood when he says markets...
-
Larry Meyer Doesn't Feel Bad For China Or Germany
Thursday, December 2, 2010 - 5:18pm | 74At the Bloomberg 2010 Hedge Fund Conference, Laurence Meyer, former Federal Reserve member and co-founder of Macroeconomic Advisers says the Federal Reserve has no sympathy for China and Germany with regards to quantitative easing. He says that the Federal Reserve doesn't want high inflation, and...
-
Housing Bubble In China
Thursday, December 2, 2010 - 5:10pm | 23James Richards of Orco Capital Advisors is speaking at the Bloomberg 2010 Hedge Fund Conference and he says that China has a housing bubble.
-
Bill Ackman Sees Value In American Real Estate
Thursday, December 2, 2010 - 5:04pm | 333Bill Ackman of Pershing Square Capital is speaking at the Bloomberg 2010 Hedge Fund Conference and he is saying that Pershing is effectively a private equity firm, but Pershing doesn't buy control. It earns control of a company. He is saying that he has more sway because of turning a company...
-
Worries To Come?
Thursday, December 2, 2010 - 3:57pm | 586Tom Keene hosted a panel that just concluded at the Bloomberg 2010 Hedge Fund Conferencetom and his guests were John Ryding, Dennis Gartman and James Melcher. John Ryding said that 3-4% GDP growth is doable for the U.S. economy. Ryding went on to say that when you have a small business, you see...
-
Anthony Scaramucci: Wall Street Should Have A GM Bankruptcy Option
Thursday, December 2, 2010 - 3:03pm | 125Anthony Scaramucci is at the Bloomberg 2010 Hedge Fund Conference and he is saying that Wall Street should have a General Motors (NYSE: GM) pre packaged bankruptcy option. He is saying that there are going to be banks in the country that are too big to fail, that it's just a fact. Yet, when these...
-
Anthony Scaramucci: Getting Rid Of Volcker Rule Good For Economy
Thursday, December 2, 2010 - 2:56pm | 61Anthony Scaramucci is speaking at the Bloomberg 2010 Hedge Fund Conference and he is saying that a removal of the Volcker Rule would be great for the economy, but bad for the hedge fund business. He believes that propeitary trading is necessary to the economy, as Wall Street is the blood of...
-
Restricting Prop Trading Causes Everyone To Lose
Thursday, December 2, 2010 - 2:48pm | 48William O'Brien is speaking at the Bloomberg 2010 Hedge Fund Conference and he is saying that removing proprietary trading is detrimental to everyone. He refutes the idea that investing is a zero sum game because of time horizons and the loss of liquidity which prop trading gives, hurts everyone.
-
Dodd-Frank: Good For Hedge Funds
Thursday, December 2, 2010 - 2:40pm | 36Anthony Scaramucci is speaking at the Bloomberg 2010 Hedge Fund Conference and he is saying that Dodd-Frank will benefit the hedge fund industry. Scaramucci is the founder of Skybridge Capital and is a CNBC Fast Money contributor.
-
Guy Wysser-Pratte: Opportunities In Germany And France
Thursday, December 2, 2010 - 1:33pm | 110Guy Wysser-Pratte of Wysser-Pratte Asset Management is speaking at the Bloomberg 2010 Hedge Fund conference and he is saying that the stronger northern European countries will reach their limit of patience with the southern European countries, such as Portugal. The Euro has a concept without...
-
Jamie Zimmerman: Opportunity In Irish Debt (IRE, AIB)
Thursday, December 2, 2010 - 1:30pm | 114Jamie Zimmerman of Litespeed Management says deutsche mark might come back, euro to go bye bye. It will take years to play out. Zimmerman is saying that she is staying away from Germany. She doesn't think Bank of Ireland (NYSE: IRE) will be nationalized, and she likes their senior debt. It's...
-
Paolo Pellegrini Shorting Japanese Yen
Thursday, December 2, 2010 - 1:14pm | 34Paolo Pellegrini said at Bloomberg 2010 Hedge Fund Conference that he is short the Yen, which investors can play by shorting the Japanese Yen ETF (NYSE: FXY).
-
Paolo Pelligrini May Come Back To Hedge Fund Business
Thursday, December 2, 2010 - 12:56pm | 47Paolo Pellegrini is speaking at the Bloomberg 2010 Hedge Fund Conference and he is saying that he may return back to the hedge fund industry in a few years. Pellegrini is famous for helping Paulson & Co. earn over $3 billion during the housing crisis, by betting against subprime debt.