I have listened to Clifford talk about the pending doom of US stocks, mostly tech stocks for the past decade.
Finally, just over a year ago now, there was a significant collapse in tech. Did Platinum clean up? No.
Even when their thesis was spot on they had neither the conviction or astuteness to capitalise.
And this is why they are where they are.
Ann: Funds Under Management - August 2023, page-22
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