Paul Singer
Paul Singer
Paul Elliott Singeris an American hedge fund manager, activist investor, and philanthropist. His hedge fund, Elliott Management Corporation—specializes in distressed debt acquisitions.:301 Singer is also the founder and CEO of NML Capital Limited, a Cayman Islands-based offshore unit of Elliott Management Corporation. In 2015, Forbes rated Singer's net worth as $2.1 billion...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 August 1944
CountryUnited States of America
bear career investor living major market money name point run seen starting time true
The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over.
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The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status at the World Bank. That's shocking and disingenuous.
amendment bankruptcy code operate orderly prescribed prevent provisions replaced timely
The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion.
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There is no more reason to believe that Bitcoin will stand the test of time than that governments will protect the value of government-created money, although Bitcoin is newer, and we always look at babies with hope.
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'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.
I've never let my guard down by saying, 'I don't need to be hedged.'
among harsh people
There's a feeling among some people that the Republican party is harsh on some things.
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Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero risk weighting.
people
I know people who are always freeriders and will never get into a fight.
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Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.
absolutely dollar
What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts.
levels
Opacity on extreme levels is not addressed anywhere, including Dodd-Frank.
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America is a place where the freedom to be who you are shouldn't be a barrier to your ability to get a job and provide for your family.
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What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.