Turnover
topic on 4 shows · 6 statements across 6 episodes
We Live to Build 
the Official SaaStr Podcast 
Sourcery 
Capital Allocators
6 statements about Turnover, every show
Baker: Portfolio turnover is driven by volatility, not time horizon
“Turnover should be a function of how often you change your mind, and part of that in any discipline valuation-based process should be about how the stocks move. For me, turnover is mostly a function of volatility.”
Sundblad: Many manufacturing plants face 70% factory floor turnover
“A lot of them have 70%, you know, year over year turnover on the factory floor, or at least 70% if you look at it on a 24 month cycle.”
Lemkin: Tech CMO tenures can be measured in single-digit months
“And especially these days, it seems like CMO has a half-life sometimes measured in single digit months. There's so much turnover at the top”
Bares Capital limits its concentrated ten-stock portfolio to three annual trades
“If you look at the numbers, we're actually roughly about 30% turnover. So it's thinking in a 10 stock portfolio about three new positions per year.”
Gustafson: Employee Turnover Is the Norm and Nearly Unavoidable in PR Agencies
“Specifically having a PR firm or agency, this is the type of work environment where turnover is the norm. I've worked in, Several other agencies. I have tons of friends that have worked in our own agencies, and it is nearly impossible to avoid turnover, becaus…”