Paul Singer Presents His 2014 Investment OutlookMark Melin
The headline’s from yesterday’s Elliott Management investor letter centered on Paul Singer’s call for an end to “financial lawlessness.” The twenty-five page letter, however, included additional insight regarding the activist hedge fund’s performance and market outlook.
The fund returned near 12% in 2014, closely tracking its benchmark compounded annual return of 12.8% since 1994, according to an investor letter reviewed by ValueWalk. Positive sectors included . . .
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