Sole Practitioner
topic on 1 show · 1 statements across 1 episodes
1 statements about Sole Practitioner, every show
Large single-manager funds inevitably force the inclusion of low-conviction ideas
“When you're a sole practitioner in a strategy, and you're managing a lot of money, and you're diversified, you could be left with someone's less high conviction parts of the portfolio. The bottom 25% of their conviction names, why would you want those in a por…”