Horseman Global Up In 2016 Despite Massive Net Short Position

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Rupert Hargreaves
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Horseman Global, the hedge fund branded by Zerohedge as the “world’s most bearish hedge fund” lost -2.68% for investors for the month of July. Year-to-date the fund has returned 3.13% even though it is running a net short book. At the end of July Horseman’s gross long position was 29.35% and gross short was -116.44% for a net exposure of -87.09%. The fund’s bond book was 65.14% net long at the end of the half, according to a letter to investors obtained by ValueWalk. Hedge Fund Letters To Investors Even though Horseman may be the world’s most bearish hedge fund,…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk