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This doesn't reflect how the industry actually works among funds that have alpha.
by dsacco 9y ago
This doesn't reflect how the industry actually works among funds that have alpha.
- Retric 9y agoClearly funds try and avoid going broke. However, many funds also have losses much greater than the market including the one we are talking about. The truth is risk is hard to measure accurately and most Alpha is simply risk hidden from their investors. Which is why a statistically significant Alpha takes more than a single funds past performance. And how someone just lost a 1 Million dollar bet on this crap.