In the past, this was really a sensible thing to do, but lately...?Originally Posted by ;
It has been contended that - as always supposing a favorable expectancy system or systems over time - it's both more profitable and less risky to exchange 25 percent of a massive account quite aggressivley, with the equilibrium in T Bills, compared to transaction all of it conservatively: the competitive 25% fairly quickly overtakes the conservative alternative. Visualize the amount of blown-up hedge funds wish they'd taken this choice...