The Single Biggest Lesson for Emerging Managers: "Liquidity windows open and close. When they are open, take advantage of them. Even your winners, you should be selling 20%-30%. Your job is to return money. DPI is math." What is your single biggest piece of advice to emerging managers @honam @chadbyers @NWischoff @infoarbitrage @rrhoover @TurnerNovak @packyM