Finally somebody gets it

Unless you’ve been living under a rock for the last decade or so, you haven’t missed the continued bashing of all things alternative by the mainstream press. Every day one news organization or another has something on how these managers are all the evil that people do. Alternative managers have few if any friends in the news game. And while most probably don’t care, in reality, it does matter. The fact the alternative managers are bashed regularly over fees, lock-ups, and almost anything else is amusing. It‘s clear to me that markets don’t always rise, so a diversified portfolio needs to have something to hedge the downside risk. An allocation […]