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Managing Futures in a Mutual Fund
After black star, you went on to cofound long board. transitioned from a hedgefon structure to a forty act structure. Were there any surprising lessons learned in trying to take the manage futures concept and really package it into a mutual fund vehicle? So that statement that it's difficult to run a manage futures programme in a traditional forty act mutual phone is both true and false. In my opinion, i've been doing it for almost a decade, and i don't think that it's meaningfully more complex than just running a regular c t a.