BuzzFeed – Australian trains, European autos, U.S. drugs, and Japanese robots. That’s what some of the hedge fund industry’s heaviest hitters offered up as their new big ideas at the CNBC/Institutional Investor “Delivering Alpha” conference Wednesday at the Pierre hotel in New York Wednesday.
Hedge fund billionaire Jim Chanos, founder of Kynikos Associates, shared the stage with Leon Cooperman, Chairman of Omega Advisors; famed investor Chris Hohn, founder of The Children’s Investment Fund Management; and Mark Kingdon, founder of Kingdon Capital Management as part of the “My Best New Idea” panel. Here’s where they think you should put your money next.