Smart money: Top hedge funds betting on plastics
"Just one word ... plastics." That well-known line from the classic 1967 movie "The Graduate" may sum up the recent investment strategy of some top hedge fund managers, including James Dinan and David Einhorn. A wave of managers snapped up shares of LyondellBasell Industries, which makes chemicals like propylene and polyethylene, the stuff that goes into plastics.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063