Looks like the run of positive returns has stopped, the minute the market increases.
The art of long/short investing is not easy, but losing money on short positions that go up in price can crucify portfolio results. It appears we are still learning that lesson.
NTA drifts back, yet again.
Bring on the vote for the off market buy back, I cannot imagine one investor objecting to it.
Ann: Change in Portfolio Value, page-2
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