Wednesday, October 28, 2009

Tudor Investment Q3 Investment Letter, Likes Gold, Emerging Equities & Commodities to Absorb Liquidity (10/15/09)

NYT DealBook has the full Q3 Tudor Investments Letter here. It looks like he's all about the "great liquidity race" and is hopping on the train with Paulson and Einhorn. Could reflexive hedge fund money drown the deflation whale?
"Our job is to identify the best performing assets of this “Great Liquidity Race.” At present, it appears those assets are gold, emerging market equities denominated in local currencies, and commodity related stocks."

So will a correction here pave the way for PTJ to load up in size to make a dollar out of 15 cents * 1 billion, aka make c.r.e.a.m?

Source: Seeing Next Boom, Tudor Goes For the Gold (NYT Dealbook)
blog comments powered by Disqus