Notable Highlights From The Ira Sohn Conference

Loading...
Loading...
Below are some notable highlights from the Ira Sohn Conference which took place in London, England.
  • Michael Messara's Caledonia is long Zillow, Z noting shares could be valued at $50 billion, or $770 per share given the company's 72 percent share of mobile viewing and four percent of ad spend being a “game changer.”
  • Marc Chatin's Parus Finance is long Tesla Motors TSLA given its similar business model to Porsche, or being the ”Apple AAPL of the auto industry.” Chatin is short Transocean, RIG noting 40 percent of its revenue stem from old fleet which may need to be scrapped.
  • Jim Chanos' Kynikos is short Sotheby's BID given his view that art as an asset class has yielded inferior returns, lagging the S&P 500 by 162 basis points annually over 50 years.
  • Carson Block's Muddy Watters is short Hong Kong listed Superb Summit International Group as his research may indicate that most of the firm's revenue coming from a coal trading subsidiarity that Superb doesn't own and that a recently acquired coal liquefaction business is fake.
Posted In: NewsAppleCarson BlockIra SohnJim ChanosMarc ChatinMichael MessaraMuddy WaterSotheby'sTeslatransoceanZillow
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...