Main fund soon to be renamed Pure Lack of Alpha
https://www.bloomberg.com/news/arti...stuck-at-18-6-in-main-fund-after-model-tweaks
https://www.bloomberg.com/news/arti...stuck-at-18-6-in-main-fund-after-model-tweaks
I'm convinced that there is an inverse correlation between fund performance and how much time the fund's manager spends appearing on Bloomberg/podcasts/youtube/CNBC etc.
Trading is too competitive for it to be any other way.
100% agree.
Few outside of the industry had heard of Dalio a few years ago, then he's everywhere anf the fund starts to under-perform.