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Sunday, 03/22/2020 7:29:25 AM

Sunday, March 22, 2020 7:29:25 AM

Post# of 102
Absolute Funds have done nothing... absolutely.

I run a short-term bias absolute fund which means I can own anything... stocks, bonds, currency, commodities, real estate and be either long or short. The stock market has now given up three years of gains so you'd think the Absolute Funds would be going through the roof.

But that's not the case.

https://www.marketwatch.com/investing/fund/qrpix

If you look at the category return for three years you'd see they are underperforming a S&P buy and hold strategy! Over ten years the compassion is horrible.

There's an old expression on Wall St. 'Bulls make money, bears make money, but pigs (absolute funds) get slaughtered. Luckily I've dodged the farmer's axe (so far) and I'm living it up rolling in the slop... oik, oik --lol.
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