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Exclusive: Paul Singer: Here’s What Might Pop This “Entertaining” Bubble [Q2 2024 Letter]

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Michelle deBoer-Jones
Published on
Updated on
Paul Singer Elliott Management

For the second quarter, Class B of Elliott Associations and Elliott International each returned 2%, bringing their year-to-date returns to 4.5% each. Over the last 12 months, Elliott Associates has returned 9.5%, while Elliott International gained 9.1%.

For comparison, three-month Treasuries returned 1.3% for the second quarter, 2.6% year to date, and 5.4% for the last 12 months. The S&P 500 with dividends reinvested gained 4.3%, 15.3%, and 24.5% for the quarter, year to date, and 12 months, respectively.

The Bloomberg U.S. Aggregate Bond Index returned 0.1% for the second quarter, is off 0.7% year to date, and...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.