New York (HedgeCo.net) – At the Delivering Alpha Conference in New York on Wednesday, investors were given a glimpse of what some of the hedge fund industry’s brightest managers are thinking and doing with their money at this time.

Some of the highlights included Nelson Peltz, CEO of Trian Fund Management, talking about DuPont, Pepsico and McDonald’s. Trian just lost in a fight with DuPont to land seats on the board, but Peltz seemed to take it in stride, stating that “”We want management and the board to do a good job. We’d rather be rich than right.”
With regard to Pepsico, Peltz stated that the company is “positioned to meet or beat earnings every quarter from here on in.”

When it came to McDonald’s Mr. Peltz wasn’t as kind, stating that the “culture and mindset” at McDonald’s “has to be turned upside down.”

Rick Pendergraft
Research Analyst
HedgeCoVest