Rob Citrone, founder of Discovery Capital Management, evaluates structural industry trends in the hedge fund sector.
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“The fees are lower, they're going to be lower.”
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More from Rob Citrone
PredictionNot checkable as stated
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.”
Rob CitroneJul 11, 2022▶ 25:00Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
PredictionNot checkable as stated
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.”
Rob CitroneJul 11, 2022▶ 27:15Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
PredictionNot checkable as stated
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.”
Rob CitroneJul 11, 2022▶ 29:18Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
PredictionDidn’t hold up
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…”
Rob CitroneJul 11, 2022▶ 9:32Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
Insight
Investors Should Hold Winning Shorts Because the Best Drop 90%
“The other thing is, is shorts are working. It's tough, but you need to keep the position on. Let's say you start with a three percent short. It halves. It's only one and a half percent now. So Julian would always say, well, the best shorts go down 90%. They do…”
Rob CitroneJul 11, 2022▶ 18:35Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
PredictionPartly held up
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…”
Rob CitroneJul 11, 2022▶ 23:32Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261)
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