• Ray Dalio's hedge fund is now the biggest short-seller of European stocks as Bridgewater bets $5.7 billion

    10 days ago - By Business Insider

    Ray Dalio. Eoin Noonan/Web Summit via Getty Images
    Ray Dalio's Bridgewater holds 18 short positions against European companies worth about $5.7 billion, Bloomberg reports.
    The hedge fund is set to profit from a decline in European stocks, but it could also be part of a hedging strategy.
    In a Thursday interview with La Repubblica, Dalio explained he's eyeing assets that can protect against inflation.
    Ray Dalio's Bridgewater Associates is betting at least $5.7 billion that European stocks will fall, making the hedge fund the largest short-seller in the region, according to Bloomberg. The...
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  • Famed short-seller Jim Chanos says there is one big risk Tesla investors are overlooking and that the company looks like a dot-com bubble stock

    10 days ago - By Business Insider

    Reuters Jim Chanos is still short Tesla via put options, the famed short-seller told Bloomberg's Odd Lots podcast this week. Chanos compared Tesla to a poster child of the 1999 dot-com bubble and said there are still big risks the company faces. "Tesla... is also trading on a monster multiple of a profit stream that is going to get competed," Chanos said. Famed short-seller Jim Chanos is still short Tesla via put options and sees various downside risks ahead for the electric vehicle company, including one significant risk that he thinks investors are not taking into account. According to...
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