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youre like always looking at the hedge funds I guess mr. Paulson was off two years ago now hes up mr. Icahn is doing what hes doing is it just sort of get lucky with Time Warner Cable and thats really all this has come down to well no at this stage of a cycle you have tons of corporate activity because balance sheets are strong theres less growth and people would hope for so management teams are looking for ways to do a creative deals and boost shareholder returns so part of that is mergers part of that acquisitions part of its managers getting active to drive constructive change and and reward all long-term shareholders within hedge funds and I think of Sebastian Mallaby is more money than God and julian robertson and hedges of trade is just what this really about is Im gonna bet on Time Warner and Im just gonna leverage up is that the only real difference no so the difference right now for those types of positions is that guys will be long in the company thats going to be acq
