No seriously ! No attempt at ridicule ! Why on earth should LSF use its valuable resources in terms of time and manpower in writing about its quality assurance procedures, because one person on HC thinks it’s a good idea ?
Its my humble opinion that the brains and talent at LSF who have consistently produced results above the average, who have consistently outperformed ; and have significant talent analysing and picking stocks for selection both domestically and internationally (both shorts and longs) are already factoring in quality assurance into their investment decisions without having to be accountable to someone who thinks that detailed monthly reports and a rising SP don’t tell a story ?
No attempt at ridicule… but you are correct on one point, to suggest that an extremely successful funds management company detail its quality assurance procedures (when in fact they would already be factored in), is…………..ridiculous !!,
Big Winners and Losers, page-47
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