Of course as Tilson notes in the monthly letter, it isn't as if they suddenly got a hot hand. The fund holds the same positions it did for much of 2011; Mr. Market just changed his mood.
Netflix (NASDAQ:NFLX) was the big winner on the long side. Sandisk (NASDAQ:SNDK) was the only decliner and T2 bought more after it fell.
T2 Letter to Investors-Jan 2012