private equity funds with words such as "Buffett", "Munger" and "all-weather" in their names are often It is considered to be a value investment and a stable investment style, but the data of the private placement network shows that as of July 19, the cumulative net value of many products with "all-weather" in their names is less than 0.5 yuan, there are also some private equity funds with "Buffett" in the name as early as 2019, the net value will be less than 0.2 yuan, and since then stop the net value update, some "Munger" funds are also dismal performance.