In the hedge fund world, multi-billion dollar hedge funds tend to the most media attention, but these aren't the only horses in the race. Away from the hedge fund A-list, there are hundreds of other smaller funds, which manage less than $500 million in assets. It is often the case that the best ideas and most exciting investment outlook can be found in this bracket.
Worm Capital falls into this bucket. With just $117 million in assets under management at the end of April 2018, Worm Capital a small player in the hedge fund world.
However, while the firm may have limited assets...
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