One thing on Larry Finks's comments; they are kind of sketchy. The 50bp expected outperformance, using BR's own numbers is (somehow, inexplicably) before fees.
After fees, its 21bps, and still relies on some REALLY good relative performance from Alts. I wrote about it here:
I enjoy your podcast and substack.
One thing on Larry Finks's comments; they are kind of sketchy. The 50bp expected outperformance, using BR's own numbers is (somehow, inexplicably) before fees.
After fees, its 21bps, and still relies on some REALLY good relative performance from Alts. I wrote about it here:
https://thealtview.substack.com/p/finks-folly-part-1