Regal Point Explains Long Fannie Mae, Short NQ Mobile Thesis

We’re used to hearing from managers at the largest hedge funds, Pershing Square's Bill Ackman or Carl Icahn, traders with billions at their disposal who can show up in the headlines or build enormous buzz, like Ackman did this summer with his Herbalife Ltd. (NYSE:HLF) short, pretty much whenever they want. But as soon as they make a high profile bet, other hedge funds will line up for or against them as their thesis moves through the market.

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We got to talk to Vijay Marolia, managing partner and chief investment officer at Regal...