Steve Mandel and David Tepper are big winner in Hedge Funds.Mandel made over 4 billion last year,Tepper made 3 and half billion.Tepper big holders are Citigroup and Apple.The big loser was John Paulson,the genius who called housing bubble,shorted and made fortune but has become Gold bug and Gold seems to lost it's luster.
Buffet's railroad(BNSF) made swatch to Natural gas for fuel instead diesel.Only the U.S Navy is bigger uses of diesel in U.S.A then BNSF,of course,in Europe diesel is the preferred fuel over gasoline.Of course,the energy industrial will effected with death of Hugo Chavez,who was bit of fool really damaging the oil industry in Venezuela.Now old man Kennedy's grandson his name sake Joe might think Chavez was great guy,as did B.B.C this morning as watch from New Jersey.The American media was cold pointing out Chavez divided his country but said he help the poor,which I disagree,I think he was egomaniac lunatic but since world hates America he look unfortunately by many as hero.CNBC point out how hurt the oil industry in Venezuela,on the other hand(the Left one)Bloomberg T.V has gone on how Venezuela Bonds have been a great investment however they failed to point out that only been case since Chavez was seriously ill,by contrast CNBC point out before Chavez was ill Venezuela bond yield about 13 percent as he got closer to death death the yield drop to about 8 percent,meaning of course price had gone up.But are American government bond or treasury going for last I saw 10 year treasury was below 2 percent yield that maybe why Stock Market(the Dow) has reach an all time high.
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