Hedge-fund manager Dan Niles, in a note cited by Yahoo Finance this week, warned his clients way back in February that he was getting “increasingly worried” investors weren’t ready for the impact the spread of the coronavirus could have on the U.S. economy.
So Niles positioned his portfolio accordingly. Good thing. While the Dow Jones Industrial Average posted its worst first quarter ever, his Satori Fund closed in positive territory.
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AuthorDan Niles is founder and portfolio manager for the Satori Fund, a tech-focused hedge fund. Archives
September 2023
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