Wall Street veteran whose fund returned 160% in 2022's bear market shares his trading 'bible'

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Fund manager Neal Berger, who more than doubled his money last year, reveals how he trades the market.

Last year's bear market left many investors deep in the red, but hedge fund manager Neal Berger bucked the trend. Berger is founder and president of Eagle's View Capital Management. The hedge fund's Contrarian Macro Fund delivered returns of more than 160% in 2022, using futures contracts to short stocks and bonds whose valuations Berger saw as distorted by years of easy money.

The reversal of this liquidity infusion will now be a tremendous headwind against asset prices for the foreseeable future," he said. 'My bible is the price action' That's why the veteran fund manager is sticking to his tried-and-proven playbook. The Contrarian Macro Fund currently holds short positions in S & P 500 futures, U.S. 10-year note futures, German bund futures and Japanese Government Bond futures, according to notes Berger sent to CNBC.

 

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