Fleckenstein to Shutter Short-Selling Hedge Fund December 8, 2008, 7:25 am Topics Hedge FundsIndustries Financial Services One of the most public defenders of short-selling is closing down his fund. Bill Fleckenstein, the hedge fund manager, wrote in his Daily Rap column that he was closing down his Fleckenstein Capital fund. Mr. Fleckenstein’s column was reprinted on the Calculated Risk blog. In it, the fund manager writes that he always intended to return to the long side of investing, as opposed to the short-seller’s strategy of betting against stocks. He became a short seller in part because of what he described...