Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Fund News: Bill Ackman, David Einhorn, Michael Hintze

Page 1 of 2

Ackman Says He’d Have to Think Hard Before Next Short Bet (Bloomberg)
William Ackman, who runs $20 billion Pershing Square Capital Management, is hesitant to take on another short campaign after Herbalife Ltd. because it’s not a productive use of time. “I would have to think very hard before doing another public short,” he said in a Bloomberg Television interview with Stephanie Ruhle at the Sohn Investment Conference in New York on Monday. “There are easier ways to make money.”


Greenlight’s Einhorn Attacks Frackers, Says Pioneer Burns Cash (Bloomberg)
David Einhorn, who runs hedge fund Greenlight Capital, criticized Pioneer Natural Resources Co. for spending too much money without returns and called it the “motherfracker.” “We think Pioneer generates a negative equity returns on capex” he said at the Sohn Investment Conference in New York on Monday. Pioneer shares fell 2.6 percent to $167.13 at 12:23 p.m. in New York.

Long Before British Vote, Financiers Weigh In (The New York Times)
No political party in Europe has done more for hedge funds and bankers in recent years than the British Conservatives. And the party has been well rewarded for it. Hedge fund managers have been writing eye-popping checks to the Conservative Party before the British election on Thursday. And with no campaign finance limits for party donations, there is little to hold them back. More than $2.3 million has come since last year from Michael Hintze, an Australian billionaire who lives in London, where he founded the hedge fund CQS Cayman LP.

Gundlach recommends buying Puerto Rico muni bonds, says could drop before rising (CNBC)
The annual Sohn Investment Conference generated some major headlines Monday, among them: 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.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!