Cybersecurity Play

Featuring Thomas Thornton

Thomas Thornton, founder of Hedge Fund Telemetry, addresses the number one concern for CEO’s around the world: cybersecurity. In this interview with Real Vision’s Brian Price, Thornton sets out the catalysts, levels to watch, and how to make the trade. Filmed on October 17, 2018.

Published on
19 October, 2018
Topic
China, Monetary policy, US Dollar
Duration
13 minutes
Asset class
Currencies, Equities, Bonds/Rates/Credit, Commodities
Rating
16

Comments

  • DS

    David S.

    21 10 2018 18:27

    1       0

    Does anyone know which cyber-security companies have the best technology? If FierEye systems are good, Mr. Thornton may be correct about being a purchase target even by another cyber-security company. DLS

  • NI

    Nate I.

    19 10 2018 17:04

    11       1

    "CEOs of some major banks - Jamie Dimon, David Soloman of Goldman - they said their number one concern is cybercrime". Allow me to finish that sentence. "and that's why we outsource our IT function to 3rd world countries, rife with corruption and lethargy, with impoverished and incompetent staff who couldn't care less about the security of our customer's data. In fact, they're probably selling it themselves to make ends meet". Now we'll spend 2x the money we "saved" on competent IT staffing for FireEye and then we'll pay the McKinsey clown car a ton of money to tell us FireEye was a brilliant idea and that nobody could have seen it coming on the next headline data breech.

    But you are right about the trade. I'm witnessing obscene amounts of money being spent on FireEye, Palo Alto, Check Point, CrowdStrike, et al. (notwithstanding most of which absolutely crush employee productivity) in lieu of actually doing things that would improve data security. An iron front door on a house with three walls and a wrecking ball demolishing wall #2. Eventually someone comes along with an IQ above room temperature who can actually see the problems, but until then, the sky's the limit for these "security" plays.

  • SJ

    Sy J.

    19 10 2018 16:56

    12       0

    Doesn’t sound like a trade, but a long term tactical investment.