About 3,000 people gathered at the Lincoln Center in New York Monday for the annual Sohn Investment Conference, where some of the most prominent hedge fund managers reveal their highly-anticipated market picks for the year.
Some famous calls have been made at previous Sohn conferences — such as David Einhorn’s Lehman Brothers’ short in 2007, or Jeffrey Gundlach’s prediction last year that Donald Trump would win the presidency. Attendees shelled out $5,000 a ticket, which goes towards pediatric cancer, to get a piece of the action. (To get a sense of the weight of these calls, just check their stock price in the aftermath of the conference.)
Here are the top seven investment ideas from Monday.