Friday 13 April 2012

Louis Bacon's Preferred ETF Recommendations


Moore Capital Management was founded in 1989. It is located in New York, along with offices in Washington, D.C., as well as London. Louis Moore Bacon started Moore Capital and is now CEO. Bacon has a MBA degree from Columbia Business School. Bacon focuses on taking macroeconomic wagers upon foreign currencies and bonds. Throughout the first year of foundation, he accomplished 89% return by forecasting the effects the Gulf war would have on oil prices. Bacon gained a net worth of $1.5 Billion as of March in the year before last. Bacon continues to be in the top 20 positions of Top 100 money earners since the 1990s. According to institutionalinvestors.com, Bacon made $11.5 Billion profit and ranks 8th amongst hedge fund managers.


Source:http://seekingalpha.com/article/254818-louis-bacon-s-favorite-etf-picks

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