Description: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction.

Source: Bloomberg.com

Date: Jan 21, 2015

Link: http://www.bloomberg.com/news/2015-01-20/druckenmiller-alums-at-pointstate-make-1-billion-on-oil.html

Questions for discussion:

• What was the basis for shorting oil?
• How should investors view oil today?