I completely agree that it is paramount to taking money under false pretenses. If I want to be in cash I will decide to invest in cash and not a fund manager. I invest in a fund manager to give me both market exposure and stock picking prowess. Unfortunately I am getting neither with Justin over a consistent period now.
The whole notion of the global fund was also terrible (WGF). That particular fund is underwater on every performance period one year into its life. What a complete mess and awfully misleading to those investors who trusted Justin when he said he had the skills to launch such a fund.
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