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Stephen Taub
Premium
Discovery Capital Clocks Losses on Swiss Franc Bet
Robert Citrone’s firm had been short the Swiss currency for years but was able to mitigate the damage by acting quickly, the manager told investors.
Stephen Taub December 17, 2025

        Customers line up to exchange currency after  Switzerland's surprise move last Friday (Bloomberg) Robert Citrone’s Discovery Capital Management is the latest hedge fund firm to disclose a loss on a big negative bet on

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