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These Hedge Funds Actually Hedged — and It Worked

A handful of long-short managers have lived up to their billing this year and saved investors money, thanks to savvy short bets.

       O. Andreas Halvorsen, Viking Global Investors (Bloomberg) John Paulson’s Paulson & Co., David Einhorn’s Greenlight Capital, William Ackman’s Pershing Square Capital Management, Larry Robbins’s Glenview Capital Management. These four New York–based firms are among a larger group of hedge fund managers that are taking a big beating this year, posting losses

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