Ep. 1299: Tech and Trend with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Navigating Hedge Fund Complexities
This chapter explores the intricate realities of the hedge fund industry, focusing on the disparity between perceived and actual performance metrics. It critiques the industry’s fee structures and the misleading narratives about returns, emphasizing the hidden risks associated with hedge fund strategies. The discussion also covers the misalignment of interests between asset managers and investors, as well as the evolving dynamics of risk in the financial landscape.
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