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Appaloosa Alum Matthew Knauer’s Nokota Mounts a Comeback

After a tough year including a co-founder’s departure and stark losses, Nokota matched its best year ever in 2019.

What a difference a year has made for the folks at Nokota Management... or so it seems.The hedge fund founded by Matthew Knauer and Mina Faltas lost 30 percent 2018, a year when the major U.S. stock indexes lost between 4 and 6 percent, according to a person familiar with

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