POPA Reconalways coming back to this view.... But to retail investors, it doesnt matter because they have no constrained mandates to do volatility…
always coming back to this view.... But to retail investors, it doesnt matter because they have no constrained mandates to do volatility targetting, no redemptions risk, no LPs to answer to. They can chuck everything into the biggest momentum name out there and ride it. Max excess returns, regardless of the volatility or variance.
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