Teton Capital, Stung By Short Exposure, Puts It On A “Leash”Mark Melin
When Austin, Texas-based Teton Capital Partners looks back at 2017 they bemoan short exposure. After delivering investors 52% returns in 2009, 2017 was “disappointing.” The $1.2 billion long / short fund only returned 9.3%, less than half that of the S&P 500, for instance. But when looking at this performance also consider the long / short ratio, which is currently tilted to the positive and would benefit from strong economic tailwinds, according to a letter to . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible