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Alix Pasquet: Learning for Analysts and Future Portfolio Managers

Frederik's Labyrinth

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The Silent Killer

High personal overhead a lot of hedge funds. The managers, as they do better, increase their personal overhead. That personal overhead ends up being this monkey onder shoulder that they have to view every single thing through. And and we call the silent killer because we've seen it kill a bunch of hedge Funds. But the manager never talks about it. Never talks about that was the reason actuallyt they couldn't take risks any more.

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