Bloomberg – John A. Thaler’s $3 billion global long-short hedge fund, JAT Capital Management LP, jumped 31 percent this year through September as the manager’s market- neutral stance and short positions drove returns, according to four people familiar with the matter.
Thaler’s short holdings, or bets that stock prices will fall, more than offset declines in his long positions as markets slumped, said three of the people, who asked not to be identified because the information is private.
