At the height of the 2008 financial crisis, investors would have had a gain of more than 600 percent. Sound amazing, right? Well those numbers are just backtested, but still sound really good right? Well... maybe something that sounds too good to be true..... By the standards of most hedge fund investors, losing 5% in a [...]The post Spruce Alpha Forgets To Hedge, Tanks 50% In August appeared first on ValueWalk.
