Is Shorting A Dying Art?

Rupert Hargreaves

Published onJune 22, 2018

RBI Capital Management's fourth quarter and full-year 2017 letter to investors contained the surprising revelation that according to prime brokers, there are less than ten short-only funds active in the market today.

When I joined Botti Brown in 2000" Skip Tague, the Managing Member of RBI writes, "the average equity hedge fund was 20% net long. When we started RBI, the average equity hedge fund was 50% net long. Now, the average equity hedge fund is 70% net long." Today, he concludes, RBI is one of the last of the dying breeds of short-focused funds.

death 1529602136 — Free-Photos / Pixabay

Short interest is generally declining across the...

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Rupert Hargreaves

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 Hedge Fund Alpha

Is Shorting A Dying Art?

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