Hedge fund managers gathered Wednesday at the 2024 Sohn Investment Conference in New York to share their best investment ideas. Sohn is one of the most anticipated hedge fund events of the year. It kicked off with "Next Wave Sohn," a session that features the ideas of rising stars within the hedge fund industry.
Here are their picks: Eric Wolff, Gumshoe Capital Management Investment Idea: Pason Systems Energy company Pason Systems is a dominant provider of EDR, or electronic drilling recorder, solutions for the oil and gas industry, according to Eric Wolff, portfolio manager at Gumshoe Capital Management. Wolff sees between 45% and 180% upside for Pason, which he said has between 60% and 85% of market share in the Western world. "Pason offers a superior service that is hard to duplicate.