"The gains offset Ruffer's losses elsewhere, limiting the decline in its flagship fund to 0.8% last quarter." lol. Sometimes the -EV gamblers win a few hands.
Hahaha , loving your accurate poker comparison, but you can't deny that breaking even in times like these is something worthy of admiration
I wonder what happened to this guy, shorting VIX to riches and became a celebrity investment manager? Kept shorting VIX and continued to make millions? https://www.marketwatch.com/story/f...down-600000-bet-against-volatility-2018-02-07