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Stephen Taub
Premium
In a Tough Environment, Some Hedge Funds Remain Committed to Shorting
Tybourne’s hedge fund shutdown highlights the risks and challenges of betting that stocks will decline in a bull market.
Stephen Taub December 17, 2021
Eashwar Krishnan (Anthony Kwan/Bloomberg)

Eashwar Krishnan

(Anthony Kwan/Bloomberg)

Tybourne Capital’s decision to shutter its long-short fund doesn’t come as much of a surprise. After all, shorting has been a losing game for many investors since the recent bull market began in March 2009.Yes, there have been sharp corrections along the way, as well

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