Why This Hedge Fund is Committed to Shorting

In his second act, James Crichton explains how convexity helps him hedge Hitchwood Capital Management’s portfolio against major negative surprises.

James Crichton (Peter Foley/Bloomberg)

James Crichton

(Peter Foley/Bloomberg)

A technology-focused firm that side-stepped the January carnage is the latest hedge fund to reaffirm its commitment to shorting.

In response to the big losses posted by many hedge funds at the hands of the Reddit retail army, Hitchwood Capital Management sent a letter to clients on February 1 reminding them of the dangers of short selling in general.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related