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Is There a Correlation Benefit?
I highly doubt that 2022 or 23 is going to be the year that we all decide that the economic standpoint of rational decision making becomes a reality. I'm not in the business of making market calls and whether the market's going to be up or down. That's why we try to focus on very specific questions that we think we can answer. And if we do that right, we're going to do better on average than most hedge funds will have a much more attractive expense ratio.