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Forum nameGeneral Discussion
Topic subjectCongrats on making billions in profit for hedge funds
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13421760&mesg_id=13422900
13422900, Congrats on making billions in profit for hedge funds
Posted by Rjcc, Wed Feb-03-21 08:04 PM
https://www.wsj.com/articles/this-hedge-fund-made-700-million-on-gamestop-11612390687

"GameStop is now Senvest’s most profitable investment by dollars earned and by its internal rate of return—a performance metric that takes into account the length of an investment. It has propelled the firm’s flagship stock-picking fund from running $1.6 billion at the end of 2020 to $2.4 billion. For the month of January, the fund returned 38.4% after fees."

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