Jan 17 (Reuters) – Hedge fund manager Greenlight Capital said on Tuesday its fund rallied 36.6% in 2022 in one of its best years ever, thanks to a profitable long book and shorting technology stocks.Big tech and growth stocks bore the brunt of a prolonged rout last year, worsened by aggressive interest rate hikes that sent the tech-heavy Nasdaq Composite index (.IXIC) down 33% in 2022.”2022 was an exceptionally good year,” Greenlight said in a letter. “In many ways, it was our best ever and is most comparable to 2001, the year after the last technology bubble popped.””In early 2021, we also identified an actively-managed …
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