What A Difference 3 Months Makes In Hedge Fund Land!

The first quarter is now well in the books, and as hedge fund manager are preparing their remarks for the quarter, it can be interesting to look at what they wrote a quarter ago and compare it with what's happening right now. Skip Tague of RBI Capital and Jonathan Auerbach of Hound Partners were both talking recession three months ago, and talk about it continues now with three months' worth of new data and details. Also since their commentary, the markets have experienced a sudden selloff and uptick in volatility, which puts new perspective on their fourth-quarter letters, which were released in January.