Five ‘Best Ideas’ From Billionaire Hedge Fund Managers
ByAt Billionairesportfolio.com, I recommend stocks that are “best ideas” of the world’s top hedge funds. You don’t have to be rich to take part. You don’t have to pay the hefty 2% management fee and 20% profit share to a hedge fund. You can follow the lead of great investors by simply buying the same stocks they do, in your own brokerage account.
As I see them, here are five of the best ideas from the world’s elite hedge funds.
1) Short Bonds – (TMV) Treasury Bear 3X ETF. Billionaire hedge fund manager Paul Singer this week, said the new “big short” is long term treasury bonds. According to Singer the low yield on 30-year treasury bonds (just a little over 2%) does not justify the risk of holding them for income in the current volatile market conditions. He says “the opportunity is to short bonds.” Singer is not a bad guy to listen to. His hedge fund Elliot Management has returned 14% annualized since 1977, with only two down years, easily outperforming the S&P 500, and with a lot less volatility…