Just a few days ago, I was talking to someone named Marshall. His dad is the head of a major investment firm which manages over $1Billion. We are in talks with his fathers firm about investing with our fund and Marshall was the first person we were talking to. We got into a really good conversation about the psychology of risk and some great things came out of the conversation. But first, we are going to start with a question;
Have you ever heard of a hedge fund having a few years of impressive performance, maybe even a +60% year, but then they have a year where they lose 50%?
It has happened many times and what happens next is …... Keep reading