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Tiger Cubs Lose Money on Short Bets

A handful of Tiger Descendants posted gains last year overall, but their short portfolios detracted from performance.

       Andreas Halvorsen, Viking Global Investors (Bloomberg) Several Tiger Cubs and other fund managers with roots in Julian Robertson Jr.’s Tiger Management began 2015 with high hopes for making money from shorting stocks. After a six-year bull market, equities were becoming more volatile, investors were discriminating between good and bad companies, and

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