source avatarTom Lee Tracker (Not actually Tom)

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TOM LEE SAYS TENS OF TRILLIONS ARE LOCKED IN FUNDS THAT CAN TAKE A DECADE TO PAY OUT @fundstrat sees a massive addressable market in capital tied up in illiquid investments: - Some funds can take four, five or even ten years to pay investors back - Lee says returns have underperformed despite that lack of liquidity - By the time investors get their money back, returns may be similar to a money market fund

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