FYI: Losing money is never fun, but if you had any exposure to the equity markets this past week, or for the past month, you are likely in a losing position relative to where you were a month ago. Long equity exposure has been particularly painful, with Morningstar’s mutual fund category averages showing the following returns for the past 1-month period ending 8/21/15:
Regards,
Ted
http://dailyalts.com/weekend-reading-liquid-alts-private-equity-active-investing-and-more/
