Short-only, women-only fund?

Anyone saw the Wirecard documentary on Netflix? There was a short-only, woman-only fund lol which made a killing from shorting Wirecard. It's just 2 women. Founder looks like a lesbian. Apparently their strategy is to just look all day for opportunities like Wirecard. Crazy.

https://safkhetcapital.com/

Comments (14)

Most Helpful
  • Analyst 2 in IB-M&A
Sep 29, 2022 - 11:08am

Short only is a pretty dumb strategy in my opinion. So much downside risk. The economics of short selling objectively isn't that good. You have to pay interest on the short position, post margin if the price goes above a certain threshold, not mention it only takes literally one position going the wrong way to blow up your whole fund. You have to get it right basically every time. See: Melvin

  • Intern in ER
Sep 29, 2022 - 8:39pm

Lmao that was what I had in mind lol but WSO seems to think I just hate women. Lots of people dont even think short-only exists lol cuz its such a bad strategy. Ahh sweet mysteries of life...

  • Investment Analyst in HF - EquityHedge
Sep 30, 2022 - 10:10am

This is not how it works. You don't pay margin on shorting, you generally go long like SPY or QQQ and get a short rebate so no margin fees. Generally these funds are paid like 20-30% on alpha and the economics can make sense if you can produce alpha shorting, that said it is very hard to sustain and position correctly.

Agree with your comment on structure of shorting being more difficult.

Sep 30, 2022 - 6:44am
D1gger, what's your opinion? Comment below:

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Remember, the grass is always greener on the otherside because it's fertilized with bullshit.
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