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Capstone hedge fund CEO warns of ‘wickedly dangerous’ volatility risk as raging bull market tops 600%
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A raging bull market that has lasted more than a decade has blindsided some long-term investors to volatility risks in their portfolios, according to one hedge fund boss.
Paul Britton, chief executive of New York-based Capstone Investment Advisors, said some investors are too focused on achieving certain investment returns without factoring in the volatility they might experience in the process.
“That...
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