Quotations

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Dan Lefkovitz Quotes

«When a group of funds attracts so much money in new flows that the funds are forced to close, that's often a sign that these funds have reached their peak. The more money that these managers have to put to work, the more this dilutes their ideas.»
Author: Dan Lefkovitz
«For the first three years of its existence, the fund lost an average of 57% each year.»
Author: Dan Lefkovitz