Dan Niles says his Satori Fund has outperformed the S & P 500 this year, outperforming the S&P 500. Key to fund’s outperformance is their short positions, Niles said. Shorting is a strategy that sees investors bet the price of a stock will fall. Niles: “We are counting on our shorts making profits between now and year end and have more shorts than longs in the portfolio” More than 20% of the fund’s portfolio is held in cash.Read Long Article
