The Complete Robin Hood Conference Summary

From Tepper’s “Short The Euro,” call (which he hopes does better than his “bond bull is over” call) toIcahn’s “HY credit is in a bubble… and I am short” warning, The 2-day Robin Hood conference in NYC had something for everyone. Paul Tudor Jones thinks US equities will outperform the rest of the world this year but “the piper will be paid one day,” and Larry Fink says “equities are health” after last week’s correction… and Whitney Tilson is short Lumber Liquidators (trade accordingly).
Day 1:
Greenlight’s Einhorn: reiterates long SunEdison, says long TerraForm; says he owns warrants on Greek banks Alpha Bank, Piraeus Bank SA; betting on declines in French sovereign debt
Axel Capital’s Nikolayevsky: recommends long Ezcorp (whose products include pawn and payday loans)
Kynikos’ Chanos: recommends shorting Petrobras (‘The economics are just so poor at Petrobras, that we really have called it a scheme, not a stock,’)
Tudor Jones: Paul Tudor Jones Said to See U. S. Stocks Beating Globe in 2014, Bubble in global credit, Rally in USD is over, Short JPY – “The piper will be paid one day.” Jones has been a longtime critic of the U. S. Federal Reserve’s policy of buying bonds. ‘If we maintain the status quo, what will be the probable outcome a decade from now? Look no further than Greece for the answer,’ Jones told investors in 2010. He reiterated the reference to Greece yesterday by saying the U. S. is headed toward that country’s level of debt within the next 15 years.

This post was published at Zero Hedge on 10/22/2014.