"It's difficult for investors to take public stances because politics is such a divisive topic. Just like how it's taboo to talk about it with strangers," Thompson said, before adding that herein lies the appeal of investing in a hedge fund that focuses on macroeconomics.
"People invest in macro-driven strategies because they are non-consensus by requirement. In order to get paid for being correct in macro, it requires going against the grain for long periods of time and developing conviction on ideas that at times strongly go against popular opinions," Thompson wrote in a Wednesday email to his fund's investors.
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