The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Enright: 2022 Drawdowns Driven by Longs Falling 50% Without Short Protection
“I think the drawdowns that we've seen are because Hedge fund longs are on average down 50 or 60% in a market that's down 30, and shorts either don't exist, or the shorts are down like 10.”
Enright: Every Viking Global Success in Its First 15 Years Came From Purcell
“Every single big successful person in the first 15 or so years of Viking came from Tom.”
Enright: Less Than 5% of Companies Compound Above 20% Over Five Years
“The half-life of all companies is 10 years and less than five percent compounded greater than 20% for more than five years or something like that.”
Enright: Trading Costs Have Increased, But Many Investors Fail to Track Them
“What is your total cost of trading in specific stocks? And that has gotten more expensive and a lot of people don't even track it.”
Enright: Unlike VCs, Hedge Fund LPs Advise Against Multi-Manager Partnerships
“VCs are always advising founders of businesses, get a partner. You don't want to go through this alone. It's lonely, but LPs are always advising hedge funds. Don't be a multi-manager. Don't have partners. It gets complicated. And so it can be a very isolating …”