https://blinks.bloomberg.com/news/stories/T708WBT9NJLS
So much for a well-regarded shop around this forum.
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Guess they should have been 7 days in office instead of 6
why shut down? their returns were quite good even with the -7% thru oct
being down 7% when your substitute competition is up ~10% is existential
Who’re you referring to? Sorry just wondering
Probably Jack got a deal elsewhere.
He didn’t. He’s closing the fund and has a 2 year sit out
Why does he have a non compete for his own fund
People posted here like they were the goats...
5000 line models and 6 day work week feels good for people to lionize
One hedge fund goes down, another one pops up
Probably got hit with a bunch of redemptions and just decided it wasn’t worth the effort to go out and raise again anymore
bro their returns are actually atrocious - like to an impressive degree - but this forum glazed them. kinda makes me wonder if I just come on the site to interact with a bunch of Russian bots and prospects all day
If the other post is correct, their returns seem… decent? Maybe not worthy of all the glaze they got, but atrocious seems a quite harsh
They underperformed S&P since inception and their 2020-2024 return series looks fairly correlated with S&P. Their orthogonal alpha is probably negative.
it's insane how many people in the industry are celebrating this...
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