> Funnily enough the "trick" with this kind of fund is to be able to survive good times That's the trick to every fund. Whether bull or bear or neutral. It's w

> Funnily enough the "trick" with this kind of fund is to be able to survive good times That's the trick to every fund. Whether bull or bear or neutral. It's weathering the storm. If you are a small growth fund during a recession, you're ability to hold onto your investors/capital determines whether your fund survives or not. It's the same going the other direction. Those able to weather the storm win big later on and look like geniuses. Those who cannot, lose and fold and look like fools.