News Formal

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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Keywords: Fraud, Tax evasion, Scam, Ponzi Scheme...

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Top Wall Street analysts like these stocks amid easing inflationTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Alphabet & Intuitive Surgical AndrewDudum Good job! AndrewDudum Congrats AndrewDudum all the hard work yourself and the team have put in to growing the company & fulfilling your vision, is finally starting to get the recognition it deserves Heads down as we navigate the economic headwinds ahead $HIMS
Källa: CNBC - 🏆 12. / 72 Läs mer »

Wall Street's favorite retail stocks include Amazon and this little-known shoe companyThese are analysts favorite retails stocks with more than 30% upside potential. IRGCterrorists
Källa: CNBC - 🏆 12. / 72 Läs mer »