As Rentec tidbits continue to leak over the years, you wonder how much of their gains are tax loophole engineering vs financial wizardry.

Or how much of their returns are just massive leverage being deployed and hidden from the rest of us? They constantly return investor money and cap the sizes of the private fund.

it's quite likely that their method of arbitrage has limited quantities in the market (whatever it is), and thus, cannot be deployed with unlimited capital.

>cannot be deployed with unlimited capital

Nothing can be.

which means it is easy to beat the market, most of them lose only because of taxman takes the profit away?