3 ms·
It's risk-adjusted return that you and the GP care about. It's fairly straightforward to add both risk and return - just add leverage. Picking individual stocks
by ThrustVectoring 10y ago
It's risk-adjusted return that you and the GP care about. It's fairly straightforward to add both risk and return - just add leverage. Picking individual stocks, on the other hand, means you wind up being the "dumb money" that the "smart money" systematically takes advantage of.