Before enthusiasm, one must question the mandate, compliance, and jurisdiction.
The idea that asymmetric distributions are the key to performance is an oversimplification that neglects the primary operational and regulatory constraints.
Restrictions on investment vehicles or leverage limits imposed by authorities in the Cayman Islands, for example, can drastically alter a fund's ability to exploit these asymmetric distributions.
The quality of decision-making then becomes secondary to regulatory compliance, making certain power law strategies inapplicable, even if they are theoretically profitable.