Daniel Chersky and partner Adam Ritter positioned themselves in early 2020 for a big fall in equities, at a time when global markets looked as though they were just going to keep rising.
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Ukrainian-born Daniel Chersky has made some big calls during financial extremes. In the throes of the dotcom boom, he decided he didn’t want to be an accountant.
During the depths of the GFC, he joined alternative investment manager Alceon as its youngest equity partner and worked on his best deal to date. And as the pandemic spread last year, he quickly made the call it would hit markets hard.
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Original URL: https://www.afr.com/markets/equity-markets/how-to-make-the-big-calls-the-alceon-way-of-investing-in-equities-20210209-p570tq
