TITLE

Passport to Profits

AUTHOR(S)
Kitchens, Susan
PUB. DATE
May 2008
SOURCE
Forbes Asia;5/5/2008, Vol. 4 Issue 8, p54
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the investment strategy of John Burbank, founder of hedge fund firm Passport Capital. He became one of the highest-paid people in the U.S. in 2007 by focusing on places like China and India. He began shorting the stocks of U.S. subprime lenders in 2004. When housing began to melt down last summer, the value of Burbank's short positions and swaps soared.
ACCESSION #
32090442

 

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