Russia’s Richest Lose $10 Billion in Two Days

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Russia’s Richest Lose $10 Billion in Two Days

Russia’s Richest Lose $10 Billion in Two Days
Russia’s 20 richest businessmen have lost $10 billion this week according to Bloomberg’s Billionaire Index after the Central Bank of Russia hiked up interest rates by 7% on Tuesday in a bid to stop a currency slide which has seen the Russian rouble devalue faster than during the 1998 financial crisis. In his annual press conference…

Half Moon Capital Returns 12.2% In 2020 Despite Short Position Drag

Half Moon CapitalEric DeLamarter's Half Moon Capital produced a return of 8% net of fees in the fourth quarter of 2020, bringing the full-year return to 12.2%, according to a copy of its fourth-quarter letter, which ValueWalk has been able to review. The fund maintained an average net exposure of 45% during the period. Q4 2020 hedge Read More


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