Perks aside, both men say they get scant information about Arjun beyond sporadic investor letters, usually written by Meyer’s wife, Nija. One reviewing Arjun’s 2015 performance said the main share class posted a gain of almost 24 percent that year, when “volatility on an intra-day basis was historical.”

Since Statim doesn’t send audited financial statements to its investors, they’ll have to take Meyer’s word for it.

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