The 2016 Ira Sohn investment conference takes place today

Headlines will be crossing today from the hedge fund mavens at the Ira Sohn conference in New York but how did they do last year?

The highlights of the 2015 Sohn conference were David Einhorn, Keith Meister, Leon Cooperman, Larry Robbins, Jeff Gundlach, David Tepper, Bill Ackman, Barry Rosenstein and Mala Gaonkar.

How did presenters at the 2015 Ira Sohn conference do?

David Einhorn said frackers should be avoided and singled out Pioneer Natural Resources. That company fell 32% over the next few months but is back to where it was when he made the presentation. He had the industry right and named a few of the big losers including Continental Resources.

Keith Meister touted Yum brands as a China play and he pretty much picked the top. Shares were at $90, touched $96 a few days later and then steadily slide to $65 in Feb before a recent rebound to $79.

Leon Cooperman said he was bullish on stocks in the US and Japan. The S&P 500 is slightly lower and the Nikkei 225 down 17% since then. He named a handful of companies with mixed results.

Larry Robbins touted Brookdale Senior Living (-50%) and Abbvie (-8%). He was inexplicably invited back to speak again this year.

Jeff Gundlach said US interest rates have bottomed and was wrong. The 10-year is at 1.79% today compared to 2.2% then. He was also bullish on Puerto Rican munis.

David Tepper had a poor year for the second consecutive year in 2015 after paying himself an ungodly $3.5 billion in 2013 for what looks more and more like a fluke. He said stocks were 'cheap' last year; they weren't.

Bill Ackman touted Valeant, said the "market does not understand the Valeant story" and called it "massively undervalued." At least he put his money where his mouth was as he lost billions along with the 84% drop in Valeant's shares.

Mala Gaonkar touted Microsoft, which fell 15% over the following few months but is up about 4% since her presentation.

Not many winners there.

The best presentation in the history of Ira Sohn was probably PointState Capital founder Zach Schreiber in 2014:

Schreiber wants to be net short crude oil, "It's going lower, much lower." He wants to play advantaged refiner stocks for upside.

"US crude is being drilled for by the same cast of characters who oversupplied the natural gas market. Ladies and gentlemen, the song remains the same." Crude is demand-capped at the Gulf Coast because policy forbids it being shipped for export as a raw commodity.

$33 billion net long WTI crude. "If you're long, I'm sorry for you." Then he shows a clown car slide! He sees a boom in inventory in the second half of this year. "What's your risk reward? With crude at $100 a barrel, you're picking up 25 cents in front of an oncoming truck."

WTI topped out at $107 a month later and you know the rest. Schreiber is back at the conference today.

Another winner was Stanley Druckenmillier who spoke at Ira Sohn in 2013. He said to short the Australian dollar. It was trading at parity with the US dollar at the time and had just began to roll over. The trade has been in the money since Day 1. He also said to stay away from Brazil and South Africa.

On the schedule this year:

Druckenmiller is back.

Also on the schedule are Einhorn, Gundlach, Schreiber and Robbins. Others are Carson Block, short seller Jim Chanos, John Khoury, Adam Fisher, Richard Deeitz and Jeffrey Smith.