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Hedgie who nailed oil plunge reveals next target

Zach Schreiber, chief executive officer of PointState Capital LP
Chris Goodney | Bloomberg | Getty Images
Zach Schreiber, chief executive officer of PointState Capital LP

Zach Schreiber, chief investment officer of PointState Capital, famously made $1 billion on his short oil call revealed at the 2014 Sohn Conference. He gave a new short target at this year's conference Wednesday.