This Hedge Fund Was Up 40 Percent in November

The value-oriented fund has posted double-digit gains or losses in every year of its existence.

Stephen Taub December 9, 2020

Brian Gonick, co-chief investment officer of Senvest Management.

(Christopher Goodney/Bloomberg)

The folks at Senvest Management were very bullish and confident about their portfolio when they sent out their third-quarter letter dated October 29. Never mind the Senvest Master Fund was down 28.36 percent at the time, even after gaining about 8.5 percent in the third

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