Ep 388: Why This Junior Mining Recommendation Surged 100% in Six Months
Wall Street Unplugged - What's Really Moving These Markets
Frank Curzio
4.5 • 1.1K Ratings
🗓️ 17 February 2016
⏱️ 68 minutes
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Summary
Transcript
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| 0:00.0 | Wall Street Unplugged looks beyond the regular headlines heard on mainstream |
| 0:06.1 | financial media to bring you unscripted interviews and breaking commentary direct from Wall Street |
| 0:11.8 | right to you on Main Street. |
| 0:16.0 | How's it going out there? It's Wednesday, February 17th. |
| 0:19.0 | My friend Curzier hosted the Wall Street Unplugged Podcast, where I break down the headlines and tell you what's really moving these markets. |
| 0:30.0 | You know, I read something interesting yesterday. |
| 0:33.0 | Get ready for a little bit of a rant here. |
| 0:35.0 | Very serious rant though. |
| 0:37.0 | And I'm not sure if you know this, so just before the rant, let me bring everybody in here. |
| 0:42.0 | But every quarter, the large... So just before the rent, let me bring everybody in here. |
| 0:42.8 | But every quarter, the largest hedge funds, institutions, pension funds, |
| 0:48.2 | mutual funds, guys that manage money, |
| 0:50.4 | they have to list their holdings, right? |
| 0:54.0 | That includes their latest activity that buys and sells on positions within their fund, |
| 0:58.0 | and it's defined by the SEC as the information required of institutional investment managers form. |
| 1:06.3 | You guys probably know it as a 13F. |
| 1:09.0 | So you want to get more specific, anyone managing over a hundred million dollars has to list their |
| 1:15.0 | recent holdings to the public. And these funds have 45 days after the end of each quarter to file. |
| 1:27.5 | So many of these 13-Fs pretty much all come out at the same time and a ton of them came out over the past couple of days. You have guys like David Einhorn, Greenlight Capital, Paulson and Co, you know, run by John Paulson, |
| 1:37.2 | Appaloosa, David Tepper, you have ICONSaurus, Bill Acton, Persian Square, all these guys have to list their holdings. They come out these |
| 1:45.3 | 13 Fs. You want to see what these guys are buying and selling. So these legendary investors have |
| 1:51.6 | to, you know, basically list this activity after every quarter. |
... |
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