Mitch Cantor Explains 63% Cash Holding; Favorite Stocks

When speaking at the recent Grant’s Spring Conference at the Plaza in New York, Mitch Cantor, presented three long ideas.

More on the Grant's Spring Conference: David Einhorn Talks ZIRP, AerCap, John Bush, And More At Grant’s Conference.

Established in 2001 by Cantor, Mountain Lake provides investment management services to a private pooled investment fund, with a value slant.

Mitch Cantor started off by telling the Grant’s audience that cash currently accounts for 62.8% of his portfolio, the highest level in six years. The previous peak was 54%, 15 days before Lehman Brothers filed for bankruptcy protection.

While it’s clear that Mitch Cantor is struggling to find opportunities in the current market, he did present three long equity ideas of beaten down stocks.

Mitch...

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