Jay Singh

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• Sector-Focused Hedge Fund Sees Bubble in its Sub-Sector

  By Jay Singh - October 26, 2012 | Tickers: AMGN, BMY, LLY, GILD

  My medicine, work! Thus credulous fools are caught
  

  - Othello: IV, i.

  
  Deerfield Management is a long-short, bottom-up hedge fund that invests in the healthcare sector only. It manages about 3 billion dollars and has been under the stewardship of its managing member James Flynn since 2000.
  
  According to its October 2012 Letter to Shareholders, the biotechnology sector might be in a bubble right now. While the markets have generally recovered more »