Seawolf Capital

“Last year, we obviously were pretty decently plus 150% or a little higher than that, but we had a 30% drawdown at one point in the year.”

“One of our favorite themes has been and continues to be uranium and nuclear.”

“It was our worst year we'd ever had, and we were down eight percent, and we had a very small, tight investor base, and the biggest one pulled, and then everyone got nervous, and then Danny decided to retire, and the whole thing fell flat.”

“One of, probably, I would say the biggest for us was when Exxon got kicked out of the Dow for Salesforce.com, Us schmucks, everybody else in the world goes and buys Salesforce.com because it's going to be in relative indices and the like. We go, let's take a l…”

“We've been big holders of Petrobras recently, and that's one of our better stocks is that it was selling it again, one to two times earnings and giving yourself a 20 to 35% dividend yield.”

“And as long as I've been an investor and doing banks, I've hated banks, and there's been a lot of bad management teams, and so we historically, for 1520 years, had been short banks along other parts of financial services.”

“I think now our average P.E. Is three.”

“Ted, I doubt it, because I don't think what we're doing here is infinitely scalable. Whereas I look at what a Millennium and Citadel have done, and I get the scale that they run at, and I think it's amazing. But the way we like to run money, we can't be big, b…”

“Being a sophisticated, analytical investor to markets flooded with QE doesn't quite reconcile.”

“We saw pretty clearly what was happening at First Republic and Silicon Valley and Signature and Silvergate, and we were short all those essentially to zero.”

“We took all the large asset management complexes. I think Wellington. Wellington, Fidelity, Neuberger, you name, Capri, you name them, and say, okay, let's figure out where their largest energy exposure is and what number it is in their portfolio. They're taki…”

“One of the things that looks like a short, but isn't is our long gold position.”