Best Picks Of Jonathan Jacobson's Highfields Capital

Jonathan Jacobson pitched short in Digital Realty Trust, Inc. (NYSE:DLR) at the Ira Sohn Conference held in New York in May this year. While explaining his thesis, Jacobson mentioned the increasing competition that DLR faces from Google Inc (NASDAQ:GOOG) and Microsoft Corporation (NASDAQ:MSFT), which the company seemed incapable of handling.

Highfields' short in Digital Realty, AT&T paying off

As it turns out, the short in Digital Realty should be a major contributor to profits in the third quarter. Shares of the REIT were down 13% in the last quarter alone and have so far given back 29% of their gains year to date. Jacobson...