I would be giving them 12-24 months to see if the fund begins to perform.
With these macro resources plays, luck and results can flip and change quickly.
They are making some pretty edgy calls which haven't worked out so far. It only takes one or two positions to go well for long-short plays like this to begin to outperform.
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I would be giving them 12-24 months to see if the fund begins to...
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