Quote from kernan:
Thanks for all of your LOL's.
I am not attacking Quadriga, just making a statement. So, you do not have to come to their defense. I am sure they are well run, but no matter how you cut it 20% in one month is PAINFUL.
Quote from Maverick74:
I still don't know what you mean by that. It's certainly a bad month but when you say painful, I think to myself risk tolerance. If your risk tolerance can't handle a 20% drawdown in a fund that makes 40% to 50% a year, well, good luck. I'm not commending them on a fine month for sure. But if this fund was only making 15% a year, I would be pissed with a 20% drawdown. But 40% to 50%? No way, that's not painful dude. Just a bad month, that's all.
Quote from Ebo:
The best time to get in is after a large drawdown.
Even if you average into the fund.
There is really no need to be confrontational with Maverick.
He happens to know The Quadriga Funds inside and out.
I am sure The partners also appreciate you posting their performance on here! If you read your E mail it says:
"The information transmitted is intended for the person or entity to which it is addressed and may contain confidential and/or privileged material. If you are not the addressee indicated in this message (or responsible for delivery of the message to such person), you may not copy, disseminate, distribute, disclose or deliver this message to anyone."
Quote from kernan:
Guys - take a deep breath! First, I did not post the performance here - someone else did.
Second - if you think I am being confrontational by saying that a drawdown of 20% in one month is painful, you really need to get out more.
Are you guys investors, or do you work for Quadriga?