After Returning 100% In Two Years, Tiger Cub Li Prepares Investors For What's NextMark Melin
After returning 100 percent gross returns (71 percent after fees) over two years, Baleen Capital wrote a letter to its investors and did the only logical thing an experienced fund manager should do: tell investors the amazing returns are not meaningful and prepare them for the worst.
Baleen Capital and its founder, Fang Li, have the wisdom of being an ex-Tiger Cub, when he toiled at Cascabel Management. He knows how market environments, investment strategies and assets under management work.
Fang Li's investment strategy
A strategy . . .
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