On The Rocky Road With High Intensity Players

Reviewing 4 major operators starting with Icahn and moving down to Glenview Capital Management, Paulson and Pershing Square my impression is nobody is changing his spots. Aggressive players still prefer one-off investment gambits rather than mainstream positions in the top 100 market capitalizations in the S&P 500. Don’t talk to them about Amazon, Facebook, even Alphabet. They’re basically value investors.