Should You Hold Lithium Americas Corp. (LAC)?

Massif Capital, an investment management company, released its “Massif Capital Real Assets Strategy” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. 2023 was a difficult year with a lot of volatility in both long and short books. Ultimately, the year concluded with a decrease in the short book and an increase in the long book (gross of fees) but not significantly. The fund returned 3.20% (net of fees) while the long position returned 5.69% and the short...