A Look into Hindsight Capital’s Spectacular 2018
Going long U.S. utilities, managed care and short-term U.S. Treasuries worked, as did shorting euro-zone banks, blockchain and Bitcoin.
Hindsight tends to help financial returns.
Photographer: Philippe Huguen/AFP/Getty Images
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As this is the last Points of Return of 2018, it is time once again to visit my friends at Hindsight Capital LLC. For readers who have not read my work from before I arrived at Bloomberg, I should explain that Hindsight Capital is a very special hedge fund, able to invest using a strategy that beats all others every year without fail: hindsight. It only puts on the trades at the beginning of the year that it knows will, with the benefit of hindsight, prove to be the best.