{"id":50437,"date":"2015-10-28T08:32:32","date_gmt":"2015-10-28T12:32:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=50437"},"modified":"2015-10-28T08:32:32","modified_gmt":"2015-10-28T12:32:32","slug":"larry-robbins-market-mea-culpa-ive-failed","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/10\/2015\/larry-robbins-market-mea-culpa-ive-failed.html","title":{"rendered":"Larry Robbins market mea culpa: &#8216;I&#8217;ve failed&#8217;"},"content":{"rendered":"<p>(CNBC) In a candid letter to investors, hedge fund manager Larry Robbins apologized for a year-to-date loss in his flagship fund of more than 20 percent through Monday&#8217;s close, writing that &#8220;I&#8217;ve failed to protect your capital, and mine\u2026despite a flat market.&#8221; Robbins , who is known for his at-times wildly successful calls in the health-care sector at Glenview Capital Management, wrote that he continues to believe his company&#8217;s health-care investments are lower risk and of higher potential than the broad market.<\/p>\n<p>Still, he said, the gyrations of August, which he regarded as &#8220;rotational&#8221; rather than &#8220;systemic,&#8221; and his misperception that Glenview&#8217;s health-care stocks at the time were &#8220;a rock-bed of strength,&#8221; look arrogant in retrospect. <\/p>\n<p><a href=\"http:\/\/finance.yahoo.com\/news\/larry-robbins-market-mea-culpa-165625571.html;_ylt=AwrC0CO34y9WWAYAFK_QtDMD;_ylu=X3oDMTBydWNmY2MwBGNvbG8DYmYxBHBvcwM0BHZ0aWQDBHNlYwNzcg--\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) In a candid letter to investors, hedge fund manager Larry Robbins apologized for a year-to-date loss in his flagship fund of more than 20 percent through Monday&#8217;s close, writing that &#8220;I&#8217;ve failed to protect your capital, and mine\u2026despite a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50437","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50437"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50437\/revisions"}],"predecessor-version":[{"id":50438,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50437\/revisions\/50438"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}