Biography
Jonathan Cornish, CFA, is the founder and portfolio manager of 38x Holdings, a long-biased investment firm based in Miami, Florida. 38x Holdings invests in high-quality, publicly traded companies with monopolistic characteristics. Prior to founding 38x Holdings, Cornish worked for UNC Management Company, a $10-billion endowment fund, in North Carolina. He graduated in 2016 from the McIntire School of Commerce at the University of Virginia, where he played on the men's tennis team that won three NCAA team tennis championships during his four years. Cornish is from the UK and is a CFA charterholder. He can be reached at [email protected].
Just how out of whack are hedge fund fees?
Equities can compound in value in a way that investments in bonds, real estate, and other asset classes cannot.
Equities are not necessarily more risky than such "safe" assets as US Treasuries.