Patrick Wolff's Grandmaster Capital Up 8% In 2014; Aided By Carbo Cermaics Short

Hedge fund Grandmaster Capital ended 2014 with a 7.8% return after gaining 2.24% in Q4. The equity focused value hedge fund was founded by Patrick Wolff, who was previously known for being a top notch chess player.
Patrick Wolff reiterates China bear versus U.S bull case
In the annual letter Wolff said that 2014 was a mix of good and bad news saying that the last quarter had a lot of activity that influenced the portfolio. The fund has been known . . .


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