The Quantified STF Fund (QSTFX) was recognized by Morningstar as the top-performing tactical allocation fund in 2020, outperforming 99% of its peers.
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The $17.6 billion hedge fund holds an unknown amount of cryptocurrency through crypto exchange Coinbase’s custody arm.
Days before the rout began, Palihapitiya, a 44-year-old with a flair for self-promotion, proclaimed he was poised to be the Buffett of his generation.