Fleckenstein To Start $200M Short-Only Fund Early Next Year – ValueWalk Premium

Fleckenstein To Start $200M Short-Only Fund Early Next Year

Hedge fund manager Bill Fleckenstein has decided to start another short-only fund early next year, citing “really stupid valuations,” reports Juliet Chung for The Wall Street Journal. Fleckenstein shut down his profitable short-only fund in 2009, but now he wants to build up $200 million so that he has money on hand as opportunities present themselves.

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