Where to Invest in 2013

- 2012-12-06T17:56:29Z

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Dinakar Singh

Co-founder and CEO
TPG-Axon Capital Management LP
New York

Singh's $4 billion long-short equity fund outperformed similar hedge funds through the first nine months of 2012.

Follow Eddie Murphy's Advice

"In a Saturday Night Live monologue decades ago, Eddie Murphy makes fun of people in horror movies. He points out that when blood starts coming out of the toilet or ghostly voices say get out, the right thing to do is not to get the Clorox and clean the toilet or to investigate the voices. It's to get out of the house! Sometimes the best thing an investor can do is simply have the patience to wait rather than feel compelled to wade into every crisis. A haunted house might be cheap, but it isn't a very good value!"

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