Hard Closed Manager
topic on 1 show · 1 statements across 1 episodes
1 statements about Hard Closed Manager, every show
Redeeming From Hard-Closed Managers Has Massive Opportunity Cost Despite Nominal Liquidity
“Even if I have access and we have separate accounts with managers that are hard closed, that if I took the money, I can't get it back in. So yes, I have daily liquidity, but if I take it, the future opportunity cost is tremendous. And so really understanding w…”