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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.

      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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