The hedge fund, Melvin Capital lost around 53 percent while betting against GameStop in January 2021. The fund was founded in 2014 by businessman and entrepreneur, Gabriel Plotkin, also known as Gabe Plotkin. The reason behind the huge losses is that the retail investors decided to pile into the widespread hedge fund short targets, including […]
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Investing in hedge funds is not a one-size-fits-all proposition. Each fund is unique and comes with its own set of advantages and disadvantages. More seasoned investors do not ponder whether or not it is prudent to invest in hedge funds in general. Instead, they inquire as to which fund to select and how the investment […]
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