‘Long only is wrong only,’ says Rick Lake
Volatility has created new opportunities to invest in risk assets “because they've gotten so cheap.”
Investing without some kind of hedge in the current market environment is far too risky, according to Rick Lake, co-chairman and portfolio manager at Lake Partners Inc., a firm with $3.5 billion under advisement in alternative strategies.
“Right now, long only is wrong only,” he said. &
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