Soros Fund doubles a bearish bet on the S&P 500 (1 Viewer)

[Rove!]

http://blogs.marketwatch.com/thetell/2014/02/17/soros-doubles-a-bearish-bet-on-the-sp-500-to-the-tune-of-1-3-billion/

ithin Friday’s 13F filings news was the revelation that the firm, founded by legendary investor George Soros, increased a put position on the S&P 500 ETF SPY +0.17% by a whopping 154% in the fourth quarter, compared with the third.

 

[Slapdash]

The financial media spends way too much time swinging from the nuts of these fund managers. Who gives a ####?

 

[Banger]

The financial media spends way too much time swinging from the nuts of these fund managers. Who gives a ####?

it's worthwhile to pay attention to someone like Soros. He's often right on his big macro plays.

 

[Mister Martie]

Pretty tough to draw a conclusion from a single position in a portfolio.

 

[Slapdash]

The financial media spends way too much time swinging from the nuts of these fund managers. Who gives a ####?

it's worthwhile to pay attention to someone like Soros. He's often right on his big macro plays.

I'm skeptical enough of the idea that fund managers generate a consistent, positive alpha. Even if they could, they certainly are not going to divulge their real strategies for doing.

 

[Banger]

The financial media spends way too much time swinging from the nuts of these fund managers. Who gives a ####?

it's worthwhile to pay attention to someone like Soros. He's often right on his big macro plays.

I'm skeptical enough of the idea that fund managers generate a consistent, positive alpha. Even if they could, they certainly are not going to divulge their real strategies for doing.

but a broad based strategy like this isn't like divulging a short or long in an individual name.

 

[lod01]

Could be a good bet by him. Margin debt at an alltime high again. The last 2 times this happened, the markets came crashing down.

http://www.globalresearch.ca/margin-debt-hits-all-time-high-prelude-to-a-crash/5367305

 

[stbugs]

Could be a good bet by him. Margin debt at an alltime high again. The last 2 times this happened, the markets came crashing down.

http://www.globalresearch.ca/margin-debt-hits-all-time-high-prelude-to-a-crash/5367305

Not sure that means anything at all. Seems like margin debt is a trailing indicator, not a leading one, i.e. debt goes up as the market goes up. When the market goes up, more people leverage to follow the gains. If the margin debt rose before the gains, then that would say something, i.e. invest after debt goes up and get out when it goes down.

 

[stbugs]

The financial media spends way too much time swinging from the nuts of these fund managers. Who gives a ####?

it's worthwhile to pay attention to someone like Soros. He's often right on his big macro plays.

Well, he has been getting killed on this bet if he has been shorting the stock market in the 3rd and 4th quarter as his main position. As posted above, I would assume a guy with his wealth would hedge the market run up, so not surprising that as the market kept going up, he added to his hedge position.