Did you guys know that different funds with different investment strategies run by the same management company can have wildly different returns, even in the same year? Vanguard should consider themselves ON NOTICE!https://twitter.com/firstadopter/status/1349563052027473920 …
Would be fascinated to know how they deal the conflict of interest inherent in having a smaller, fast, high alpha fund for employees and a big, slow, low alpha fund for external investors.
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Bluecrest got burned for this (though the fine was $134m or something which is what... two months of Michael Platt’s pnl?)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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