Lansdowne's Paul Ruddock Defends Merits Of Shortselling

This has been a difficult year for shortselling overall, not to mention the veiled and outspoken barbs that many shortsellers have taken in the past months. In the increasingly bullish markets, betting against a stock has been painful to say the least. Long/short funds have consistently declined in their short positions while outperforming in their long book. Lansdowne Partners, founded by Sir Paul Ruddock, has a heavy sized short book which unlike the others has continued to