Hedge Fund Loses $1 Billion in One Month on Argentina Bet

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Hedge Fund Loses $1 Billion in One Month on Argentina Bet
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A hedge fund lost about $1 billion last month largely on investments tied to Argentina, making it one of the most prominent investors caught up in the country’s turmoil

The wager on Argentina is one of the largest for Autonomy’s founder, 50-year-old Robert Gibbins, who is known for making concentrated bets.

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