This is an interesting article that tells you quite a bit.
Let’s look at the context of the current securities markets. The stock market is struggling to reach new highs. M&A and IPO activity is strong. Timing is everything.
While not a fan of hedge funds, I have to agree with a lot of what Ray Dalio believes. There are small pockets of opportunity, but it is a way different landscape versus 2010 -2015 when the "sales" were much more abundant.
