If you can't beat the market, you'd better hope it tanks
Investment professionals rarely outperform in a bull market. If you want stock picking to pay off, you're essentially rooting for a crash.
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L1 Capital, an investment management firm, released its "L1 Capital International Fund" (unhedged) fourth-quarter 2025 investor letter. A copy of the lette...
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Browse ArticlesInvestment professionals rarely outperform in a bull market. If you want stock picking to pay off, you're essentially rooting for a crash.
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