Carson Block’s Muddy Waters Gained 20 Percent in 2018

The famed short selling activist joins Spruce Point, Kerrisdale in posting double-digit profits last year.

Carson Block (Victor J. Blue/Bloomberg)

Carson Block

(Victor J. Blue/Bloomberg)

Carson Block’s Muddy Waters Capital gained 20 percent in 2018, its best year since the famous short seller launched his activist short hedge fund in 2016, according to an investor.

Muddy Waters, which has total assets of $210 million, unveiled three activist short campaigns last year, and all of them were winners for the firm.

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