Lakewood Capital Hit On Weed Short, Has Two Other Names Its Betting Against

Just when it looked like the bear market was starting to stick, investors received a bit of good news, and then growth and momentum came roaring back. It’s still too early to tell if this will be only a brief blip, but U.S. stock indices rallied on Friday, carried higher by the bull market’s poster children, such as Apple, Amazon, Alphabet, Facebook and Tesla. Based on what we’re seeing today, it seems a rather fitting time to review some hedge fund letters from the third quarter, although stocks remain well below where they were at the beginning of October. Remember…