Mitchell Dong

Mitchell Dong is a hedge fund manager and entrepreneur in the energy sector.
Education
In high school he was a finalist in 1971 in the Westinghouse Science Talent Search. He graduated from Harvard College in 1975 with a degree in economics. Going into college he had wanted to be a doctor and took pre-med courses.
Uranium trading
He emerged in the mid-2000s as a powerful force in uranium trading, creating in September 2006 a hedge fund, Solios Uranium Fund, dedicated to trading in fuel grade uranium. In a presentation to the Global Alternative Investment Management in November 2006, he predicted prices would rise substantially on the back of growth in nuclear power plants and would keep on rising barring a major accident. The fund's acquisition of large stocks of uranium was cited by the Wall Street Journal in March 2007 as a reason for surging uranium prices. John Rowe, then CEO of nuclear-power producer Exelon Corporation was quoted in the same article as questioning whether Dong was the "biggest villain in the energy industry".

Main Menu

See Also

Main Menu