ALTSLA 2016 exceeds all expectations . . .
In case you either missed ALTSLA 2016 this past Thursday, weren't able to scribble quick enough or just laughing too hard from all of those great one liners . . . here are several of the noteworthy letters and articles referenced:
Howard Mark's Hindsight First, Please; On the Couch & What Does the Market Know?
Journal of Financial Economics: Higher risk, lower returns: What hedge fund investors really earn - This study digs into the effect of the timing and magnitude of investor capital flows on actual investor returns which confirms Boyson's (2008) findings that smaller funds earn higher buy-and-hold returns.
Mark Anson's Top Ten Hedge Fund Quotes - How are #6 & #8 not higher?!
Kudos to the CFA, CAIA and CHFA for such a great encore to last year's inaugural event.