André Perold

9 statements across 2 episodes · 4 bullish · 3 bearish · 2 people on the record · first statement Apr 13, 2017 by Andre Perold · said 13 times in 6 episodes since 2017 · across every show →

On the record as a speaker too: André Perold's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Ted Seides (9), Sulaiman Alderbas (2), Allison Thacker (2)

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Everything said about André Perold, oldest first

Apr 13, 2017 neutral
Disclosure
Perold taught himself investing after HBS permitted him to teach the subject
“I was fascinated by investing and asked if they let me teach something I didn't know anything about, and they did, and I taught myself.”
Andre Perold Apr 13, 2017 ▶ 12:15 André Perold – Academic Practitioner (Capital Allocators, EP.02)
Apr 13, 2017 positive
Insight
Perold: Top HBS students prioritized collaborative learning over scoring points
“The good students were ones that moved the ball in the conversation, that they weren't just trying to make a point. They would understand what we were all struggling with, and would help us along. Even good didn't mean you knew what was going on, but just bein…”
Andre Perold Apr 13, 2017 ▶ 13:11 André Perold – Academic Practitioner (Capital Allocators, EP.02)
Dec 21, 2020 positive
Insight
Perold: Credit returns reward hard structuring work rather than genius
“Credit isn't about being a genius investor that has epiphanies all the time. It's really about finding borrowers that need help, finding borrowers that have very high cost of money, and then finding ways to create a loan that's going to give you a very nice re…”
André Perold Dec 21, 2020 ▶ 31:31 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
Dec 21, 2020 bullish
Disclosure
Perold: At least 50% of HighVista is invested in idiosyncratic areas
“I would say today it's at least 50% in the much more idiosyncratic areas and growing.”
André Perold Dec 21, 2020 ▶ 14:02 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
Dec 21, 2020
Insight
Perold: Alpha is scarce, transient, and quickly competed away
“I've always said, and I still believe that alpha is scarce, and it's transient. It doesn't stick around for very long because it gets competed away. And so you always have to skate to where the puck is going, knowing that it's not going to stay long in any one…”
André Perold Dec 21, 2020 ▶ 6:00 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
Dec 21, 2020 negative
Insight
André Perold: Most investors copy others while pretending to do original work
“There are actually very few original thinkers. Everybody copies everybody else, but they all pretend to be doing their own thing. So the peeve is that people claim to be doing original work, but you know, they're just copying other people's stuff. And you see …”
André Perold Dec 21, 2020 ▶ 51:32 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
Dec 21, 2020 bearish
Opinion
Perold: Top-down macro forecasting is hard and almost nobody is good at it
“Those sorts of macro perspectives don't really feature into what we do. They're very hard to get right. We don't know anyone who's any good at it. We certainly are not.”
André Perold Dec 21, 2020 ▶ 16:39 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
Dec 21, 2020 positive
Insight
Perold: Allocators should focus on the opportunity set, not the manager
“And in fact, change the unit of analysis from the manager to the opportunity set. And so if we discover that a certain market is inefficient, let's say it's European micro caps or something. That's the inefficiency. We should focus on that as the unit of analy…”
André Perold Dec 21, 2020 ▶ 14:22 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
Dec 21, 2020 negative
Insight
André Perold: Allocating to asset buckets limits unconstrained investing
“It's very limiting to allocate to buckets and then have to fill the buckets. And it's much better if you can opportunistically look around for the best ideas that may not conform to buckets and then put those together.”
André Perold Dec 21, 2020 ▶ 10:02 André Perold – Pockets of Inefficiency at HighVista Strategies (Capital Allocators, EP.169)
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