Paul Singer

Paul Singer at Ira Sohn Conference [LIVE]

Paul Singer Ira Sohn coverage brought to you by ValueWalk.

Paul Singer at Ira Sohn Conference [LIVE]

Paul Singer is Founder and President of Elliott Management Corporation, a New York–based trading firm. Launched in 1977 with $1 million of capital, total AUM for the Hedge fund is now at $21.8 billion. Singer has been in the news over his multi billion dollar feud with the Government of Argentina. As of late, Paul Singer has been shorting some European companies. Paul Singer recently spelled out the bull case for gold amid a plunge in the price of the commodity. He also listed his fear over the fate of Europe noting:

The fact that there is not a bank run, trot or walk right now is absolutely no indication that depositors will keep their money in European banks in the near-, medium- or long-term. We imagine that this thought process is occurring in the minds of thousands, or hundreds of thousands, of European depositors right now.

Readers can always come back/refresh to find the latest content. Other (and easier options include) following us on  Google+LinkedinTwitterFacebook,  RSS,  where we will be posting live coverage. You can also sign up for our newsletter to get coverage of the event at 3PM EST (make sure to select business and daily under the options).

Find our full coverage of the event here

Paul Singer Ira Sohn Conference Live

12:07 PM EST: Paul Singer is the first speaker of the day, he’s going to talk about sovereign debt.

12:10 PM EST: Singer says that developed countries have long term insolvency, that includes the United States.

12:15 PM EST: Singer is worried about banks, he thinks that the decision to use monetary policy to beat recession was right short term, but its bad for the economy now.

12:19 PM EST: Central banks should not be at the center of things right now. They’ve go too much power and it’s unsustainable.

12:21 PM EST: The world needs growth that isn’t related to monetary policy, that means QE. QE is hiding debt problems and unemployment.

12:23 PM EST: Bonds are distorted by monetary policy, when QE ends there will be a reckoning. There’s no safe assets in the current economy according to Singer.

Presentation Finished.

 

LEAVE A COMMENT


Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted & limited time offer for being a sophisticated and loyal reader.

ValueWalkPremium is a website and newsletter on the latest industry news much of which is not in the public domain and obtained via our sources.

We also have 10 years of resources on how to use this information to better your investment process.

Sign up for  today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 2/29/2019 or after next 25 subscribers take advantage whichever comes first – please do not share this discount with others

 

0