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Hedge fund manager with $24 billion betting on oil services, avoiding retail - CNBC

CNBC

Hedge fund manager with $24 billion betting on oil services, avoiding retail
CNBC
"We've deployed a fair amount of capital recently in oil services," Friendman told CNBC's Andrew Ross Sorkin on Tuesday. "There are a lot of companies that are very competent services companies that couldn't survive the transition from $100 oil to $40 ...

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