“They go to your returns and look at your worst day. Then they'll see how you behave after that… they want someone who can manage pressure when you're in drawdown.”
♫
Said on Chat With Traders
“The worst of which was around 2% over a non-calendar year period, but that was subsequently followed by a double-digit return.”
Bill Egan, JP Morgan Strategic Income Opportunities Fund · Animal Spirits Podcast · Talk Your Book: Will AI Debt Cause a Recession?
Play from 13:14
13:14
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What was described
reported the fund's worst drawdown was about 2% over a non-calendar year period
2% drawdown
Said nearby on the same subject
“From my reporting, I've determined that the average holding period is about two days.”
♫
Said on Michael Covel's Trend Following
“18% of the fund's exposure at equity, which is, you know, only 12% of the fund's total long exposure is plenty”
♫
Said on Monetary Matters with Jack Farley
“Over a 28-year period, these companies beat their peers by 2.3 to 3.8 percent per year. That's 89 to 184 percent compounded.”
AE
Alex Edmans
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