Over the next week or so, I will be less available, spending time meeting partners and fund managers. Behind the scenes, this is what the job actually looks like: exchanging views on markets, risks, opportunities, portfolio positioning, and how to survive modern investing without losing both money and sanity in the process. Every cycle comes…

I was sitting across from a prospect recently. Sharp guy, done well for himself. About ten minutes in, he leaned back and asked me: “Why would I put money into a multi-strategy portfolio compounding at double digits a year (oh yeah) when I could just ride the AI wave and make money hand over fist…