No animosity really, but reason I called them jokers is the Partners Fund has returned 5.5% vs S&P500 of 9.1% over last 20years.. calculate how much $10,000 would have grown with them vs. S&P. In addition, the risk in their portfolio is much grater so risk- adjusted even worse.

They are good example of a firm that did well for 20 years then sputtered for last 20 years. So many investors have records like that.