I disagree. But more importantly, it doesnt matter. We cant invest and dont have enough information to assess whether it is a ponzi scheme or not. Its possib

I disagree. But more importantly, it doesnt matter. We cant invest and dont have enough information to assess whether it is a ponzi scheme or not. Its possible that this one fund has generated excessive outperformance with low volatility, but we should start by assuming it didnt, then prove otherwise