Even Fidelity’s $230 Billion Star Manager Has Robinhood Anxiety

Will Danoff has been wondering why billions of dollars keep flowing out of the Contrafund, the giant mutual fund he manages at Fidelity Investments. Performance isn’t the problem. He’s up 21% this year, trouncing the S&P 500’s 6.2% return. His conclusion: Today’s kids want something sexier. Q2 2020 hedge fund letters, conferences and more