Maverick Capital’s Lee Ainslie’s Predicts The End Of The Cycle Soon As He Warns Of Major Crash

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Michelle deBoer-Jones
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Lee Ainslie’s Maverick Capital had a difficult second quarter with all of its funds in the red. Maverick USA was down 2.2%, while the Maverick Levered fund was down 8.3% and the Maverick Long Enhanced fund was down 0.6%. The Maverick Long fund was down 1.3% for Q2. On a year-to-date basis, all four funds are still in the green, however.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.