Hedge fund manager Edward Misrahi reveals ‘the best hedge of any portfolio’

(Yahoo Finance) During an interview on Real Vision Television, former global macro fund manager Raoul Pal asked Misrahi for his best short idea at the moment.“Well, this could get me more in trouble. There is one trade I think you would like… I think that the best tail-risk insurance there is right now is puts on Deutsche Bank,” Misrahi said.

Pal agreed, noting that he thinks the bank is going to go “bust.” In other words, he’s predicting they’ll be nationalized.

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