Forbes – When Steve Kuhn talks people should listen, especially that one time in late 2011 when he said the best trade of 2012 was going to be going long subprime mortgages.
Kuhn certainly did, and the head of fixed-income trading at Pine River Capital Management earned the second-best return (32.9%) and fourth-best return (28%) among all large hedge funds in the first ten months of 2012, according to a list recently published by Bloomberg Markets.