The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
China Will Become Uninvestable If Xi Retains His Current Advisors
“If he stays in power, which it looks like he's going to, and he's got the same people around him, the same advisors, I think China is going to ultimately become an uninvestable market.”
Distressed Russian Assets Will Return 50x Rapidly Upon Any Regime Change
“Just a small amount of investment in those stocks, and some people can retire on it because you're going to make 50 times your money on any regime change in a very quick period of time, so.”
Argentina Might Be the World's Best Performing Market in 2023
“Next year might be the best performing market in the world on the back of that election.”
Citrone: US Core Inflation Has Peaked but Won't Fall Fast Enough
“I actually think inflation is rolling over. It's just going to take longer to come down to the acceptable levels, but it's rolling over. It's peaked in our view. The real risk on the headline is energy prices and maybe food prices. I mean, maybe headline can g…”
Turkey Is the World's Best Short; CDS Will Top 1,000 Bps
“We think maybe the best short in the world is Turkey right now. Turkey CDS has gone from about 400 over now to 800 over. We think it's going well over a thousand. The country is going to experience a traditional currency and credit crisis as we've seen in EM w…”
Lula Privately Signaled to Contacts He Intends to Govern as Market-Friendly
“It'll be Lula one, not Lula two in our view, and he wants to be the candidate of the market. He's mentioned that privately to people that we know.”
The Bank of Japan's Yield Curve Control Peg Cannot Hold
“In fact, I think one of the best opportunities in the world, quite frankly, is in Japan, where they have the YCC program, where they have tenure rates pegged to 25 basis points, zero to 25. There's no way that's going to hold in this environment.”
Citrone: Shorting Long-End Japanese Debt Offers 50 to 75 Basis Points
“That's one of the best fixed income shorts in the world today. He may not make a hundred basis points, but it's 50 or 75 basis points to be made in the long end on the short side there, 10 years beyond.”
Soros Called Gordon Brown to Pitch Citrone's Eastern Europe Rescue Plan
“George said, what do you think is the big next problem? And I said, George, there's a big problem in Eastern Europe. And if Eastern Europe comes down, then Western European banks are going to go down, and then it's just going to cascade this crisis everywhere.…”
Citrone: Macro conditions favor shorting individual stocks for a while
“You don't see as many people shorting individual stocks, but I think now is the time to be shorting individual stocks. It has been for the last few months, and I think that's going to continue for a while.”
Reversing Globalization Will Trigger Lower Growth and Higher Inflation
“There's some tremendous opportunities going to come out of this, but it really is a problem for the world and a problem for this globalization, which was so prosperous for so many countries and so many people for so many years, I think is now unfortunately goi…”
Upcoming Recession Will Spare Services; Travel Sector Will Do Very Well
“It's going to be an interesting recession where it's not a service recession. Actually things like travel will do very well. Usually travel does terrible in a recession. I think it's going to do very well because there's so much pent up demand there.”
Citrone: US Will Enter Mild Recession by Late 2022 or Early 2023
“I think it'll be a mild recession. I think we'll be there very quickly by the end of the year, early next year in the US.”
Citrone: Tech Sector Will Face Severe Challenges and Yield Strong Shorts
“I think technology is going to be one of the areas in the next year is going to be very, very challenged. Probably a lot of good shorts are coming out of there.”
Citrone: Market liquidity is worse than it was 10 to 15 years ago
“And quite frankly, liquidity is worse today than it was 15 years ago, 10 years ago, even.”
Citrone: $3 Trillion Liquidity Drain Will Hit Asset Prices Significantly
“As we take three trillion out, it has to have a significant impact on asset prices in my view, and we haven't even started.”
Citrone: India will be the world's new growth engine
“We think India will be the new growth country of the world.”
Citrone: Europe will enter recession within months if not already
“I think Europe is, if not in recession now, be in recession within a few months.”
Very Few Hedge Funds Hold Discovery's Top 10 Positions
“Now, when I look at my portfolio, our ideas are so different than other people's ideas. I've went through my top 10 longs. Very few hedge funds would have any of the names I have in the top 10. The same thing on the short side.”
Citrone: Markets May Bottom in Six or Seven Months at Lower Levels
“It's possible the markets may bottom in the next six or seven months, but probably at much lower levels than here.”
Citrone: Discovery Made Back All Investor Losses and More Within Two Years
“Instead of closing down, I think we distinguished ourselves by sticking with our investors. We made their money all back. And more in less than a two year period.”