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Why Worm Capital Believes Tesla Will Continue to Outdo Rivals
The hedge fund is still deep in the red this year after its spectacular 2020.
The bad year for Arne Alsin’s Worm Capital isn’t getting any better.Its long/short equity strategy fell 0.41 percent in September, leaving it down 19.15 percent for the year. The drubbing follows a spectacular 2020, when it gained 274 percent, largely because of its huge Tesla bet.Alsin hasn’t backed down. He
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