The Ira Sohn conference is one of the most important investor gatherings of the year. Some of the biggest names from the hedge-fund world offered up investing ideas: David Einhorn took aim at what he deemed “The MotherFracker, ” Pioneer Natural Resources, Keith Meister pushed for a breakup of Yum Brands Inc. and Jeffrey Gundlach pitched buying Puerto Rican bonds.
- Leon Cooperman warned that bonds were overvalued.
- David Einhorn outlined a new short position in fracking companies
- Corvex’s Keith Meister, a top-5 shareholder in Yum Brands, called on the company to spin off its China business.
- Jeff Gundlach recommended Puerto Rico’s embattled muni bonds.
- David Tepper of Appaloosa noted that China is easing, like everyone else… [SEE MORE]
By Lawrence Delevingne
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Curious for more? Both Reuters, and WSJ’s Moneybeat did a comprehensive update for those who still believe alpha exists in centally-planned markets.