You’re telling me higher AUM doesn’t relate to better performance
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Replying to @ConejoCapital
It relates quite strongly to performance *in the past*
1 reply 0 retweets 20 likes -
Replying to @macrocephalopod
“Ok so our strategy worked really well over the past 5 years because market conditions were ideal for it. Give us a couple 100Ms and wait 5 years of underperformance until we get back to barely performing afterwards”
2 replies 0 retweets 9 likes
Replying to @ConejoCapital
This is alpha leakage
10:15 AM - 16 Jul 2021
0 replies
0 retweets
7 likes
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