You have heard of the tech bubble, gold bubble, oil bubble, china bubble real estate bubble etc. What about the higher education bubble? Some investors are suggesting this could be the next big bubble. At a recent Hedge Fund conference called the Ira Sohn Conference, Steven Eisman made this case. Steve Eisman, the outspoken investor whose huge wager against the subprime mortgage market was chronicled by author Michael Lewis in his bestselling book The Big Short, has set sights on a new target: for-profit colleges. Eisman demonstrated a very impressive argument for his case; full of slide shows and data. There is a way to profit from this coming disaster. See Eisman’s presentation below.
Below is the presentation in scribd format. For best viewing view in Fullscreen, and click on the zoomin button.
Canyon Profits On Covid Crisis Refinancings
Canyon Partners' Canyon Balanced Funds returned -0.91% in October, net of fees and expenses, bringing the year-to-date return to -13.01%. However, according to a copy of the firm's investor correspondence, which ValueWalk has been able to review, the fund quickly bounced back in November, adding 7.3% for the month. Net of fees, the letter reported, Read More
Eisman-Ira Sohn Conference Slides and Speech-5!26!10