Hedge Fund News From HedgeCo.Net


High-Profile Investors Bet on Stocks Tied to Millennials: Sohn Conference

(Reuters) Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders. John Khoury, founder and managing partner of the $2.7 billion Long Pond Capital hedge fund, revealed a long position in U.S. homebuilder D.R. Horton Inc, which he said should rise as more millennials age into the first-time home buyer market.

To read this article:

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply