After Rought H1, Kerrisdale Capital Pins Hopes on Brenntag, Check Point Software

Kerrisdale Capital was light on the commentary explaining why they lost -5.4% in the second quarter, down -12.1% year to date although their short in DISH Network was part of the cause, as we reported recently. After a rousting string of consistent double digit profits since its founding in July of 2009, the long / short hedge fund has been coming up decidedly short as of late. What the hedge fund does like are shares of Breentag and Check Point Software, two new positions in its portfolio, according to a copy of the hedge fund’s second quarter investor letter which…