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Worm Capital Avoids the Nikola Landmine

One of this year’s top-performing funds saw the troubled electric truck company’s flaws ahead of time.

Arne Alsin’s Worm Capital has chalked up one of this year’s best performances betting on a major transformation in the economy with stocks like Tesla and Spotify — and shorting such names as Exxon Mobil and GM. Worm Capital’s long-short fund is up 171.64 percent through September, despite a 16.05 percent

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