Thaler’s JAT Reduces This Year’s Loss With 4.7% July Gain
This article is for subscribers only.
John A. Thaler’s JAT Capital Management LP rose 4.7 percent in July, paring this year’s loss from wrong-way bets on consumer stocks as the firm reduced holdings in those companies, according to a letter to clients.
The gain cut the hedge fund’s 2012 decline to 17 percent, according to a person familiar with the matter, who asked not to be identified because the information is private.