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Stephen Taub
Premium
Lone Pine’s Funds Trounce the Market
The hedge fund’s short bets have barely lost money amid the stock market’s big surge.
Stephen Taub July 9, 2019
(Michael Nagle/Bloomberg)

(Michael Nagle/Bloomberg)

Lone Pine Capital’s long-short and long-only funds continue to move more or less in lock-step with one another despite the stock market’s huge gains.Lone Cypress, the long-short fund, rose about 9 percent in the second quarter, while Lone Cascade, the firm’s long-only fund, rose about

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