The speakers' list for the 21st Annual Sohn Investment Conference was just released and Real Money got an early peek at the attendees.
The conference, which will be held in New York on May 4, 2016, brings together some of the top minds in the financial world for a day of sharing invest ideas. It is held in honor of Ira Sohn, a Wall Street professional who lost his battle with cancer when he was 29. Proceeds from the New York conference, as well as other conferences the Sohn Conference Foundations holds, are dedicated to the treatment and cure of pediatric cancer and other childhood diseases. The foundation has so far raised more than $65 million.
Real Money will be at Sohn live to bring you the action. Here's a brief look at the speakers and what to expect:
Carson Block, CIO at Muddy Waters Capital: Prior to launching hedge fund Muddy Waters Capital earlier this year, Block was known as a short-seller and the founder of research firm Muddy Waters. Earlier this month, Block told Reuters that the recent stock market rally was a "dead cat bounce" and that he was skeptical of the fundamentals of the U.S. economy.
James Chanos, founder and managing partner of Kynikos Associates: Chanos has been running Kynikos associates for just over 30 years. He is primarily known as a short-seller and his investment activities span all sectors. At the end of 2015, Chanos told CNBC that he was short "most leveraged oil companies" and SolarCity (SCTY).
Stanley Druckenmiller, chairman and CEO of Duquesne Family Office: In 2010, Druckenmiller closed his fund Duquesne Capital but he continues to weigh in on economic and political news. Earlier this month, Druckenmiller announced his support for John Kasich for the GOP presidential nomination on CNBC (Kasich was on set with him at the time). In the same interview, Druckemiller also critiqued central bank policy for contributing to sluggish growth in the U.S. economy.
David Einhorn, president of Greenlight Capital: At last year's Sohn Investment Conference, Einhorn took down fracking companies and zeroed in on Pioneer Natural Resources (PXD), calling it the "mother fracker" in the industry. Einhorn's energy interests spread across the sector as he is invested in troubled energy company, SunEdison (SUNE) and his fund earned a board seat earlier this year.
Jeffrey Gundlach, CEO of DoubleLine Capital: The bond guru recently sounded bearish tones on the U.S. economy via a webcast, which was covered by the Wall Street Journal. Gundlach said that the S&P 500 looks "horrific" and has only about 2% upside and 20% downside. Additionally, while he noted that "junk bonds" have rallied somewhat in recent weeks, investors should wait until crude oil settles around $45 to $50 a barrel before investing.
Jeffrey Smith, managing member, CEO and CIO of Starboard Value: Smith captured attention last year for his views on Yahoo! (YHOO) and Macy's (M). In November, he suggested that Yahoo! look to spin off its core search and display business. He also suggested that Macy's should spin off its higher-end real estate assets into a REIT, which would allow the retailer to generate cash from its real estate.
Other attendees include:
Dan Ariely, James B. Duke Professor of Psychology & Behavioral Economics, Duke University
Richard Deitz, founder, president and fund manager of VR Capital Group
Adam Fisher, co-founder and CIO of Commonwealth Opportunity Capital
John Khoury, founder and managing partner of Long Pond Capital
Chamath Palihapitiya, founder and CEO of Social Capital
Larry Robbins, founder, portfolio manager and CEO of Glenview Capital Management
Zachary Schreiber, chairman, CEO and CIO of PointState Capital