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clock Created with Sketch. 21/12/21
17:54
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Originally posted by Vargulf:
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I bought in at $31 to the tune of 15% of portfolio. I really want you to be right re the drop but it's not just the 12% hit it's the potential exodus by other mandates and the reality that performance fees will need to drop and can't return until atleast a years outperformance. Also the sense that more skullduggery is going on behind the scenes.
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There’s always skullduggery behind the scenes…no matter what…there’s no such thing as a blue chip (who invented that phrase - a stockbroker perhaps?).
(20min delay)