“People’s mindset is not oriented the right way on the short side,” for understanding the value of alpha versus absolute money, says Ricky Sandler, CEO of the $6.5 billion Eminence Capital, on Wall Street Week. Sandler explains his positive positions on Michael Kors, eBay, and gaming companies, and his short of Regal Cinemas. Sandler’s firm has a “pure” hedge fund balance of net long investments and shorting, while taking an active approach in suggesting moves for companies, says Sandler.