2020 Letter: Maverick Is Set To Take Advantage Of The Great Hedge Fund Unwind [Exclusive]Michelle Jones
Short-sellers have been feeling the pain for months, but especially over the last two weeks. In his fourth-quarter letter to investors, Maverick Capital's Lee Ainslie pointed out the unprecedented levels stock prices have reached and why short-sellers have been hurting.
High market caps
Ainslie noted that in his firm's 2019 year-end letter, the five largest S&P 500 companies accounted for . . .
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