The Feshbach brothers, Kurt, twins Joe and Matt were three of Wall Street’s most vocal bears. These infamous short-seller made a fortune and built a terrifying reputation taking on some of the market’s most undesirable companies and management teams; they made a lot of enemies along the way.
Joe Feshbach: Substantial profits
Through the 1980s bull market, the three Feshbach brothers reaped substantial profits as they picked short bets carefully. The Feshbach brothers looked for the companies that they considered to be overpriced, overhyped or downright fraudulent becoming self-described "stockbusters".
The Feshbach’s Southgate Partners partnership produced some staggering performance numbers over its life. Gross annual returns topped 60% on more than one occasion. Between 1985 and 1990, a period when the S&P...
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