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Shorting Has Hurt Some Long-Short Funds More Than Others

Maverick, Viking, Tiger Global, and others have produced mixed results in their short and long portfolios so far this year.

  • By Stephen Taub

      Lee Ainslie III, Maverick Capital Management (photo credit: Jonathan Fickies/Bloomberg)  It’s no secret that shorting in a surging stock market is generally not a road to riches. We are reminded of this as first-half performance figures emerge from long-short funds and other funds with sizable stock portfolios. The Standard & Poor’s

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