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Stephen Taub
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Stephen Mandel’s Lone Pine Suffered Sharp Losses in the Fourth Quarter
The Tiger Cub finished his final year of managing money day-to-day with a loss, but posted double-digit gains since inception in the hedge fund he launched in 1998.
Stephen Taub January 15, 2019
Illustration by II

Illustration by II

Stephen Mandel Jr.’s final year running Lone Pine Capital on a day-to-day basis ended on a losing note.The Tiger Cub suffered sharp losses in the fourth quarter and wound up finishing the year solidly in the red.The firm’s long-short funds lost between 13 percent and

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