165: Michael Samuels Speculating on Mergersand a Case of Excessive Due Diligence

Published: Sept. 10, 2018, 10:19 a.m.

b'I was introduced to this weeks guest by an experienced trader and fund manager, who described him as being "hands down the best trader I know..."\\nMichael Samuels is an equities trader, who once traded for First New York and Apex Capital, he now trades his own money under the banner of Broome Street Capital.\\nMichael describes himself as being an \'event driven trader\' with a primary focus on news flow surrounding mergers and acquisitions, shareholder activism and fundamentals\\u2014to seek out valuation disconnects.\\nDuring this episode you\'ll hear about merger-arb strategies (including examples), what happens during takeovers, a case of "excessive" due diligence, mistakes made and lessons learned during Michael\'s career, plus plenty more.\\nYou should also note, Michael has recently begun hosting a podcast about M&A activity and the journalists who report on significant company news: According To Sources\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'