LSF 0.00% $2.98 l1 long short fund limited

With you there CuttyRaised $1.3 Billion April 2018,March 2020...

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    With you there Cutty
    Raised $1.3 Billion April 2018,
    March 2020 Market Cap $575 Million a loss of $725 Million
    They will argue of course NTA is 1.21 so they "only" lost $532 Million (half a billion $ in less than two years)

    Seriously how can you lose that much money with a long short strategy?

    We know from recent presentations that they have changed their portfolio substantially recently so most these losses are realised and won't bounce back.
    However according to this they reckon they have actually bought some good stocks at good prices now.... just like they always say let's hope they are right this time.


 
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