Argonaut has shown it is possible to make good money despite markets falling
Thursday 12 May 2022 Author: Ian Conway
Barry Norris, founder of Argonaut Capital and manager of the long-short VT Argonaut Absolute Return Fund (B7FT1K7) , takes no prisoners with his investment style, an approach which reflects his interest in military history and strategy. Describing the fund’s first quarter performance, Norris quotes Prussian Field Marshall Helmuth von Moltke who observed that ‘no plan survives first contact’. In other words, the invasion of Ukraine saw the fund’s over-exposure...