Here a couple of reports from the two widely respected, though very different, hedge funds.
Greenlight Capital’s performance record, over the last decade or so, puts her in the upper quartile of the upper quartile. David Einhorn its ceo updates on views, performance and allocations.
Hinde Capital are the specialist bullion focused hedge fund. Their performance has struggled in recent years as the bullion cyclical bear maintains his grip on the asset class. In their latest report Hinde update on the miners and the likely impact on production from the ongoing carnage in that sector. Given the US$ breakdown in play again today its a timely report. Remember trading wise, even if they are correct that a 100% correction is likely for many miners ie to zero, the ‘crap’ always bounces the highest on short term reversal moves.
HindeCapital-BullionMiners-16-10-13.docx
All the best
Rich