RE:RE:RE:Trying to understand this...Just posting this out of curiosity - in this volatile tech valuation environment, let's say we get multiple consecutive high watermarks of only, say, 15% over the previous. Because their take is on the book value of the holdings, this means we public float holders would be right where we started?
Just to be clear I'm not in this yet. I just pulled a lot of money out of something else and am curious.