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: Stanley Druckenmiller, Bill Ackman, Nelson Peltz

Druckenmiller Making ‘Large Bet On Economic Growth’ On Trump Win, Sells Gold (CNBC)
Billionaire investor Stanley Druckenmiller shared his views on the election and the market in an exclusive interview Thursday with CNBC’s “Squawk Box.” On the election: “I’m very hopeful and optimistic on what it means. … The fears of protectionism, while valid, are greatly oversized relative to the benefits to the other parts of the economy [from deregulation and tax reform],” he said. He added, “This economy is so over regulated and people are just drowning in red tape, that the removal of that, and I’m expecting serious tax reform, cuts to the corporate tax rate. … So I’m quite, quite optimistic on the economy.”


Activist Ackman Calls Chipotle Relationship ‘Extremely Constructive’ (Reuters)
Billionaire investor William Ackman on Thursday said he has had an “extremely constructive relationship” with Chipotle Mexican Grill Inc (CMG.N) since buying a large stake in the beleaguered burrito seller. Shares in Chipotle were up 6 percent at $391.70 in midday trading, buoyed by Ackman’s comments and the expectation that the company could benefit from business-friendly tax reforms expected to be championed by President-elect Donald Trump. Ackman’s Pershing Square Capital Management announced a nearly 10 percent stake in Chipotle in September. His team believes that marketing, menu, cost-saving, technology and governance initiatives will help the shares rebound from a 40 percent swoon since last year’s high-profile food safety lapses.

Billionaire Peltz On The Election, Market Volatility And Trump’s Next Policy Steps (CNBC)
Billionaire hedge fund manager Nelson Peltz shared his views on the market and what policies will come from a Donald Trump presidency in an exclusive interview with CNBC’s Scott Wapner on Wednesday. Peltz is chief executive officer of Trian Fund Management. The firm manages more than $10 billion, according to its website. On Trump’s possible policy moves: “He’s got to take the easy wins first, which is upgrading our infrastructure. … Repatriating the corporate cash, finally finally let’s bring it home. And I think Donald will get some corporate tax reform, which I think will actually create more jobs,” he said.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.