{"id":9317,"date":"2008-12-09T00:00:00","date_gmt":"2008-12-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"investor-starting-long-short-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/investor-starting-long-short-fund.html","title":{"rendered":"Investor starting long-short fund"},"content":{"rendered":"<p>Seattle Times &#8211; Bill Fleckenstein, a well-known Seattle investor who bets exclusively on falling stocks, is shutting his 12-year-old fund and starting a new one that will buy equities, too.<\/p>\n<p>Fleckenstein said he doesn&#8217;t think the worse is over in the U.S. stock market. Yet he no longer wants to limit himself to so-called short bets.<\/p>\n<p>&quot;I&#8217;m not wildly bullish right now,&quot; he said. &quot;The market hasn&#8217;t reached its ultimate lows, but we might be in a trading range for a long time.&quot;<\/p>\n<p>Short sellers have been the best-performing hedge funds this year, up 32 percent through November, according to Chicago-based Hedge Fund Research, whose data show an industry average decline of 18 percent during that period. Fleckenstein, founder and president of Fleckenstein Capital, declined to comment on the fund&#8217;s size or its returns.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/seattletimes.nwsource.com\/html\/businesstechnology\/2008484435_shortseller09.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seattle Times &#8211; Bill Fleckenstein, a well-known Seattle investor who bets exclusively on falling stocks, is shutting his 12-year-old fund and starting a new one that will buy equities, too. Fleckenstein said he doesn&#8217;t think the worse is over in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[82,546,3238,2354,63,1037,580,592,48,4081,1223],"class_list":["post-9317","post","type-post","status-publish","format-standard","hentry","category-closing-hedge-funds","tag-bets","tag-bias","tag-capital-management-inc","tag-fame","tag-first-avenue","tag-mainstream","tag-makoto","tag-merger-talks","tag-money","tag-percentage-points","tag-world-equity"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9317"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9317\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}