Elm Ridge: Making Money By Betting Against The Big Boys

The environment is right for the first real value cycle in a decade; that’s according to value hedge fund Elm Ridge Capital. Value’s underperformance compared to growth, has been well documented in recent years, with some market commentators even going so far as to say that value is dead in today’s central bank supported markets. Also see top hedge fund letters Elm Ridge believes the opposite is true. The fund is betting on value and against growth by taking the other side of the trade from growth-chasing hedge funds. Specifically, Elm Ridge is short high-rated hedge fund darling growth stocks…