@xmjEE @NonMeek @federalreserve Depends on who your manager is I guess. My friend has been very successful. Manages $30 billion, long only, Global Equity, US and EAFE. Nadim Rizk. The ROIC GOAT. Check out his US Equity performance vs SP500 vs Berkshire. Last decade +. If you can hedge the left-tail life is good https://t.co/w2xjj0Hyca