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Dr. Hugh Akston
@Akston_Capital
Hedge fund manager striving to see the world as clearly as possible. Price ≠ Value
Joined July 2013
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    Dr. Hugh Akston
    @Akston_Capital
    Apr 4, 2025
    John Griffin (Blue Ridge Capital) once told me, “If you can extend your time horizon when everyone else is compressing theirs, it’s a sure fire way to make money in the market.” Today’s environment is a great opportunity for those with staying power and patience.
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    Dr. Hugh Akston
    @Akston_Capital
    Feb 28, 2023
    $28 billion net worth $0.20 cigarette
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    Dr. Hugh Akston
    @Akston_Capital
    Apr 5, 2021
    LEGENDS OF LEVERAGE Archegos Capital: 10:1 Lehman Brothers: 44:1 The Federal Reserve: 197:1
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    Dr. Hugh Akston
    @Akston_Capital
    Oct 1, 2024
    Highlight of Grant’s Conference was fireside chat with Stan Druckenmiller. Summary: •Druck is short bonds right now (15-20% position) due to deficit. Doesn’t know if it will take 6 months or 6yrs to play out •Druck is open-minded about inflation reigniting like in the 1970’s
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    Dr. Hugh Akston
    @Akston_Capital
    Jun 28, 2022
    Legendary sell-side work from Stifel on Carvana. Analyst had $400 price target on $CVNA last August. Today cuts his price target to $34.
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    Dr. Hugh Akston
    @Akston_Capital
    Nov 6, 2021
    Kimbal Musk unloaded $108m of $TSLA stock yesterday.
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    Dr. Hugh Akston
    @Akston_Capital
    Mar 7, 2024
    Has anyone heard of someone successfully negotiating with their bank to pay off a mortgage at a discount to its face value? I estimate this loan would be trading for ~50% of face value today if sold on the open market.
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    Dr. Hugh Akston
    @Akston_Capital
    Jan 19, 2023
    .@elonmusk could have avoided this $TSLA lawsuit with better punctuation
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    Dr. Hugh Akston
    @Akston_Capital
    Jul 21, 2021
    Netflix earns approx $11.50 per subscriber per month. It spends ~$11.00 per month to run the business. Of that $11, the biggest cost ($4.33 per mo.) is producing content. Mr. Market says $NFLX is a tech company worth 50x earnings, but biz model is film production speculation
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    Dr. Hugh Akston
    @Akston_Capital
    Oct 16, 2025
    I don’t wish this on Jefferies…but in 2008, hedge funds ganged up on Lehman Brother to establish short positions against $LEH and then pull their business, primarily via prime brokerage accounts and financing. $JEF is a similar “scrappy” business model that is vulnerable to
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    JustDario
    @DarioCpx
    Oct 15, 2025
    I wonder if anyone ever looked closely at Jefferies balance sheet - it took me 5 minutes and no calculator to figure out that without Repo financing their cash position is negative
    119K
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    Dr. Hugh Akston
    @Akston_Capital
    Apr 25, 2022
    Here is what fixed income investors are saying about the Carvana junk bond offering announced today... $CVNA
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    Dr. Hugh Akston
    @Akston_Capital
    Mar 7, 2024
    Replying to @Akston_Capital
    Spoiler: PNC just told me to go to hell. Fun idea though.
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    Dr. Hugh Akston
    @Akston_Capital
    Dec 26, 2021
    Tell me Peter Lynch is short Tesla without telling me he’s short $TSLA
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    Dr. Hugh Akston
    @Akston_Capital
    May 22, 2025
    Buying the long US TIPS at a real yield of nearly +2.80% seems to me to be the best deal out there for protecting liquid wealth. I've put ~30% of my personal capital into this over the past month. My working hypothesis is that I should probably put 100% into them. Here's why:
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