Wadegarret, my point is that the industry standard is that if john Q investor gives you $10k to invest, they are doing so to buy your equity curve ie performance.
If you decade to manage the $10k at say 90% cash and 10% balls in and double it, welp then you earned 10% on said clients investment, period.
The end point is that a 142% return in the scenario described is actually 14.2% or 28.4% at 20% invested. Both scenarios are impressive in the current environment. Be well
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