Serenity Alternative Investments Blog - REIT Performance Q1 2020: Swans, Shorts, Safe
“I was constantly told by adults that the war, which ended up lasting close to seventeen years, was going to end in “only a matter of days.”
― Nassim Taleb, The Black Swan
PERFORMANCE: Serenity Alternatives Fund I returned -5.6% in March bringing YTD returns to -3.7%. The MSCI US REIT index returned -21.6% bringing YTD returns to -27%.PROCESS: Every production version of Serenity’s multi-factor mode