Where Does The Next Dividend Come From?, page-44

Yep, "No" is correct, no management fees, donated time and expertise for a good cause. They may not dedicate as much time, given its for free, but then again, perhaps they have children, and hope the best for kids of the future.

And yep, Market Neutral is good when ASX falls 10pc. Then they can go long, once they see a bottom. Justin has said the market is overvalued, whilst not in bubble territory, so neutral should be safe.