This year is a booming year not only for U.S stock market but global stock markets as well. It is puzzling great fund managers close down in a good year.
Whitney Tilson is a famed fund manager who practises value investing. I guess his fund size of $50m no longer make sense to continue business operation.
https://www.bloomberg.com/news/arti…on-to-close-hedge-fund-after-poor-performance