Tesla Is Lakewood Capital's Most Costly Short Ever

Last week we talked about Anthony Bozza’s short in Opko Health Inc. (NYSE:OPK), which has stirred up the interest of fellow investors as well. According to the third quarter letter which was seen by ValueWalk, Bozza’s Lakewood has a large number of short positions in equities, an uncommon trait in the bull markets these days. Lakewood suffered in Q3 The hedge fund suffered a -16% decline in its short portfolio whereas the longs generated a +7% return. Overall Lakewood was down 0.5% in the third quarter. The fund has significant short exposure – long equity exposure was 86.6% whereas short…