Surviving the Bear market
To all thespace,
How are you dealing with current market condition? What strategy you're using and what's your view on this year PnL + industry performance? Also any major change in your professional lives?
This market is quite unforgiving tbh, but also quite intellectually challenging. I run a small book and unrestricted mandate, so quite nimble tbh, but working hours are ramping up, very little time away from desk since Jan.
Luckily, I dont suffer heavy loss (for now!) like all the other big guys are experiencing but feel like there will be a lot of funds getting blown up this year.
I was very junior during recent turmoils in Volmageddon 18 and Covid crash 20, but this time I will have more responsibility regarding the fate of the fund. Any advice from veterans who survived past bear markets / crashes? Keen to hear.