Longs rise and shorts fall, George Noble notes

Longs rise and shorts fall, George Noble notes
Hedge fund gains on long and short sides

A hedge fund widened its long/short spread to 67.4% today, with its long positions up 25.9% on average and shorts down 41.6%, resulting in gains on both sides of the book.

George Noble described this performance as aligning with what a hedge fund is supposed to do and remarked that the era of easy money is over and the market made that clear today.

Noble has previously called for stricter accountability for Ellison and ORCL investors, citing the benefits to financial markets in a recent post on investor oversight. He also referenced the strong reactions he encountered after advising to sell OPEN at 8 last year, as noted in his earlier commentary. These remarks reflect Noble’s ongoing engagement with market performance and investor actions.

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