This financial hedge fund’s long winners and short losers cancelled each other out [In-depth]Michelle Jones
JAM Partners was down 0.5% for the fourth quarter and up 0.6% net for all of 2019. The S&P 500 was up 9.1% for the fourth quarter and 31.5% for the year, while the KBW Bank Index gained 14.1% for the quarter and 36.1% for the year.
Longs and shorts cancelled each other out . . .
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