{"id":9612,"date":"2009-01-13T00:00:00","date_gmt":"2009-01-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"eveillard-and-englander-shun-leverage-beat-rivals","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/eveillard-and-englander-shun-leverage-beat-rivals.html","title":{"rendered":"Eveillard and Englander Shun Leverage, Beat Rivals"},"content":{"rendered":"<p>Bloomberg &#8211;&nbsp;Jean-Marie Eveillard, who beat 99 percent of rival equity fund managers last year by hoarding cash instead of borrowing it, is loading up on Japanese insurers and Hong Kong developers. <\/p>\n<p>&ldquo;Leverage eliminates your staying power,&rdquo; said Eveillard, whose $16.8 billion First Eagle Global Fund beat the Standard &amp; Poor&rsquo;s 500 Index every year this decade. &ldquo;If things go well, you look even better, but if things go badly, you end up doing worse,&rdquo; he said in an interview from his office at Arnhold &amp; S. Bleichroeder Advisers LLC overlooking Central Park in New York. &ldquo;You could blow up if big leverage is being used.&rdquo; <\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&#038;sid=aZ57Z27cZYOA\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;&nbsp;Jean-Marie Eveillard, who beat 99 percent of rival equity fund managers last year by hoarding cash instead of borrowing it, is loading up on Japanese insurers and Hong Kong developers. &ldquo;Leverage eliminates your staying power,&rdquo; said Eveillard, whose $16.8 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2410,5607,5605,64,5610,5609,1412,1950,5606,1806,720,5592,4515,1626,5611,5608],"class_list":["post-9612","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-amp","tag-arnhold","tag-bleichroeder","tag-bloomberg","tag-central-park","tag-central-park-in-new-york","tag-decade","tag-developers","tag-eagle-global","tag-equity-fund","tag-fund-managers","tag-global-fund","tag-hong-kong","tag-leverage","tag-s-500","tag-staying-power"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9612"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9612\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}