Main fund soon to be renamed Pure Lack of Alpha https://www.bloomberg.com/news/arti...stuck-at-18-6-in-main-fund-after-model-tweaks
I'm convinced that there is an inverse correlation between fund performance and how much time the fund's manager spends appearing on Bloomberg/podcasts/youtube/CNBC etc. Trading is too competitive for it to be any other way.
"The flagship Pure Alpha II fund has lost 18.6% through Thursday, according to a person familiar with the matter." Makes me wonder how Pure Alpha 1 did.
100% agree. Few outside of the industry had heard of Dalio a few years ago, then he's everywhere anf the fund starts to under-perform.
Also agree 100%. We see it time and time again, I guess the allure of more wide spread fame is just too much for these guys to resist?