Absorbing institutional inflows is biggest challenge for hedge funds

Shifting situations

It still takes a wizard trader to make profits for investors

How do you define the attitude of traders?
In terms of personalities and types of people or background, there are no common denominators. There are certain things that most successful traders do. There are lots of those things and I fill books with them.

To pick some examples: the ability to be very flexible, to be able to change one’s opinion on a dime, to be able to get out or even reverse positions quickly when facts dictate it. That type of action without hesitation is a trademark of people

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