Dear holders,
We run the calmest fund on the street. No Bloomberg terminal, no morning call, no risk committee. Just one capybara in a suit, sitting in a hot spring, with an orange on his head.
The orange is the whole strategy. As long as it doesn't fall off, the fund is fine. It has survived three crashes, two rug pulls, and one guy screaming "SELL" in the Telegram at 4am. The orange never moved.
Analysts have tried to reverse-engineer the edge. The answer is always the same: he just didn't flinch.