A top hedge fund manager has the same response every time someone compliments his fund

Whenever someone compliments hedge fund manager Loic Fery on his fund's performance, he has the same response.
"I always invite them to meet in another 10 years to reconsider," Fery, the CEO of $5.5 billion fund Chenavari Investment Managers, said in an email to Business Insider. "We cannot take anything for granted in our industry."
It's a mantra that many fund managers could probably heed.
Many hedge funds fail to live up to their promises to investors. The $3 trillion industry shrun