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All hedge fund strategies have their days in their sun and seem to end their days in the rain before eventual extinction. Atradis was once the biggest HF in Singapore - its time ran out and it was closed. Cantab Capital Partners and their Aristarchus program, having been hailed as the new Wizards, now appear to have run aground with a 29% crash in NAV YTD. Don’t be fooled by recent performance or even long term performance - look what happened to Bill Dunn and JW Henry. As ever, the majority of investors are falling into the same old traps - chasing performance without understanding the (...)