Hedge Fund Titan Eddie Lampert Fells The Market's Pain
Edward Lampert, long ranked among the world's best-performing investors, may be enduring a rough patch, according to Reuters.
Mr. Lampert's hedge fund, ESL Investments, has a long history of solid returns, losing money only twice in 19 years, in 1990 and 2002. But given the current market volatility and the $15 billion fund's focus on only a few major holdings, analysts and investors suspect Mr. Lampert and his investors may be showing few gains or even nursing losses, Reuters said.
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