One Year Later: A Look At The 2016 Ira Sohn Conference Picks

The Sohn's Investment Conference brings together some of Wall Street's most notable hedge fund titans in support of a good cause. The event has raised more than $75 million globally over 20 years to fight pediatric cancer and other childhood diseases.

As part of the event, hedge fund titans present a compelling trading idea or outlook. Ahead of the 2017 event, which kicks off on Monday, Bloomberg took a look back at some of the ideas presented in 2016.

Chanos: Short MTN Group

James Chanos of Kynikos Associates suggested shorting MTN Group Ltd (ADR) MTNOY, Africa's largest mobile phone company. According to Chanos, MTN Group's business model is overly reliant on its two biggest markets, Nigeria and South Africa, for sales.

MTN's ADR receipts did underperform the market over the past year and is higher by less than 1 percent.

Gundlach: Macro Call On Deficit

Jeffrey Gundlach of DoubleLine Capital said that if Donald Trump were to win the presidential election then the Trump presidency will oversee an era of heightened deficits.

Gundlach's call will obviously need more time to play out.

Druckenmiller: Pair Trade On Stocks And Gold

Stanley Druckenmiller of Duquesne Family Office said that the bull market has "exhausted itself" and investors should become bearish on stocks and bullish on gold.

Druckenmiller was on the wrong side of the equity trade — at least for the time being as the "Trump rally" helped push stocks to record-highs. In terms of gold, he sold all of his positions immediately following the presidential election but re-bought the commodity in late December and January as gold prices were "down a lot."

Smith: Depomed Would Be Acquired

Jeffrey Smith of Starboard Value argued that Depomed Inc DEPO will be an "extremely active" acquisition target.

Shares of Depomed have lost more than 25 percent over the past year but the activist investor was victorious in a recent proxy battle, which saw the ouster of the company's CEO and the addition of two new board members.

Robbins: Bullish On Anthem, VCA

Larry Robbins of Glenview Capital Management presented the bullish case for Anthem Inc ANTM and VCA Inc WOOF.

Robbins' calls were winners with the two stocks up around 30 percent and 45 percent, respectively.

Einhorn: Short Caterpillar, Long General Motors

David Einhorn of Greenlight Capital thought that shorting Caterpillar Inc. CAT and buying General Motors Company GM would yield a profit.

However, shares of Caterpillar gained 39 percent and shares of GM are higher by around 13 percent over the past year.

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Posted In: Analyst ColorNewsShort SellersEventsAnalyst RatingsMediaTrading IdeasDavid EinhornHedge FundsJames ChanosJeffrey GundlachJeffrey SmithJim ChanosKynikos CapitalLarry RobbinsSohns ConferenceStanley Druckenmiller
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