just because it is a long short, doesn’t mean blunted returns. The leverage has a huge impact on the volatility. Look at regal absolute fund (unlisted), it dropped 70% in 2 months despite also being a ‘hedge’ fund. It was described to me more as a steroidal fund than a hedge fund
just because it is a long short, doesn’t mean blunted returns....
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$3.18 |
Change
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Mkt cap ! $1.979B | |||
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