WMK watermark market neutral fund limited

Ann: Change in Portfolio Value, page-2

  1. 305 Posts.
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    I make that seven months in a row of negative performance. If I picked long and short stocks for a market neutral fund with a pin while wearing a blindfold, the odds of getting a negative result for one month is 1 in 2. For seven months in a row it's 1 in 128. Talk about a Reverse Midas Touch!
 
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