Maverick Capital Celebrates 25th Year With Investor Letter Discussing “When Preserving Capital Is Wiser Than Growing It”Michelle Jones
When it comes to investment performance, slow and steady generally wins the race when stretched out over long-term horizons. Even though this practice may not seem glamorous, one hedge fund explained in its year-end letter for 2018 that preserving capital is a wise move during times of extreme volatility.
Maverick preserves capital
In his 2018 letter to investors a copy of which was reviewed by ValueWalk, Maverick Managing Partner Lee Ainslie said
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