Book excerpt: How not to approach fund allocators. An excerpt from Ted Seides’ So You Want to Start a Hedge Fund: Lessons for Managers and Allocators. (Enterprising Investor)
Quote of the Day
"Your biggest risk isn't that your manager will underperform, it's that you'll panic and do something stupid and self-destructive..."(David Snowball)
Chart of the Day
Startup investors pulled in their horns in Q1 2016.