Sosin’s Worsening Woes

The hedge fund’s large stake in Carvana is hardly the only reason for its huge losses this year.

Emily Elconin/Bloomberg

Emily Elconin/Bloomberg

Sosin Partners posted a nearly 15 percent loss in September, extending its loss for the year to 71 percent, according to a hedge fund database.

The hedge fund, which nearly doubled its investors’ money two years ago, has an outsized bet on used car company Carvana, whose stock is tanking this year.

While

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