Re:Universa tail fund returned 3,600% in March
by MR4D on Friday May 01, 2020 @12:03PM
(#23043438)
It would have done fantastic in that timespan!
Remember, the dotcom crash had huge drops across almost all of the tech sector for a few years straight.
Plus, 9/11 happened in that time frame and took out travel stocks.
It is those huge drops that Universa counts on.
So he would had done well - probably on the level of a Bobby Axelrod (yes, I know Bobby is fictional, but he's a great composite character of raw trading instinct based on his 9/11 trades).
Remember, the dotcom crash had huge drops across almost all of the tech sector for a few years straight.
Plus, 9/11 happened in that time frame and took out travel stocks.
It is those huge drops that Universa counts on.
So he would had done well - probably on the level of a Bobby Axelrod (yes, I know Bobby is fictional, but he's a great composite character of raw trading instinct based on his 9/11 trades).