Passport Capital Praises Developing Macro Environment

In a year-end letter, CIO John Burbank points to opportunities in a world of “different prices and conclusions.”

John Burbank, Passport Capital (Bloomberg)

Passport Capital Passport Capital chief investment officer John Burbank III and the hedge fund firm’s director of marketing and investor relations, William Nolan, argued that this is the best macro investing environment the firm has seen “in quite some time,” in a year-end letter for the firm’s Passport Global Fund, dated January 30.

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