there is a noteworthy group worth mentioning. former hedgies and private market types that seem to have an epiphany and became rather open regarding strategies via public and (mostly) liquid vehicles. little or no leverage , little or no shorting.
- verdad (rasmussen)
- elm (LTCM)
- unlimited (bob elliott)
maybe its unreasonable to group these together , but the rigor and variety of strategies make them regular\mandatory reads.
lumpy leopold adopts such philosophies in a few more decades? i doubt it , as long as his fundraising is effortless.
there is a noteworthy group worth mentioning. former hedgies and private market types that seem to have an epiphany and became rather open regarding strategies via public and (mostly) liquid vehicles. little or no leverage , little or no shorting.
- verdad (rasmussen)
- elm (LTCM)
- unlimited (bob elliott)
maybe its unreasonable to group these together , but the rigor and variety of strategies make them regular\mandatory reads.
lumpy leopold adopts such philosophies in a few more decades? i doubt it , as long as his fundraising is effortless.
All good points. And have been made before. Keynes said that markets can stay irrational longer than you can stay solvent.