Whitney Tilson Explains BKS Reversal; T2 up 26% YTD
From Whitney Tilson of T2 Parters:
Our fund rose 1.5% in April vs. -0.6% for the S&P 500, +0.2% for the Dow and -1.4% for the Nasdaq. Year to date, our fund is up 25.8% vs. 11.9% for the S&P 500, 9.0% for the Dow and 17.2% for the Nasdaq.
On the long side, we were having a lousy month thanks to Netflix, Inc. (NASDAQ:NFLX) (-30.3%), SanDisk . . .
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