@Punishment. You are truly the one (besides me) to point out...

@Punishment. You are truly the one (besides me) to point out that the king has no clothes !
I have been banging on for a considerable time about the consistently poor performance of ALF and in particular the Management led by Justin Braitling. For 3 years now, ALF appears to have been his constant plaything, earning investors nothing (no dividends last year except a 4 cent return of capital) whilst management continue to long and short in virtually equal proportions neither outperforming in the shorts OR longs, BUT continue to receive management fees.
In short, it appears that the guy doesnt know what he’s doing and this fund ALF would have to go close to the worst performing fund over the last 3 years. Unfortunately I am a holder but was a holder before Braitling changed “the scheme of arrangement”
Your question is relevant “Why is this fella selling short continually without making good profit ?

My question is “ Why is this fella going long continually without making good profit
AND “Why is this fella selling himself as a fund manager and managing a fund without making good profit ?”

Others have taken issue with me still being in the fund if I criticise the managers, and say why dont you get out......but I dont think anyone has satisfactorily answered the questions you and I have posed above.
Good question !