2018 was a mixed year for the hedge fund industry, including Lee Ainslie's hedge fund, Maverick Capital.
Maverick Capital, with $9 billion in assets under management, struggled as its short bets weighed on performance, according to a letter reviewed by ValueWalk.
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According to Bloomberg, wagers against three key stocks cost the fund 5% of performance during the first nine months of 2018. For the year to the end of September, the fund returned just 2%.Maverick makes a comeback
2019 is shaping up to be a much better year for the team at Maverick and...
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