Damien Bisserier

9 statements across 1 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement Mar 1, 2021 by Damien Bisserier · across every show →

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

Everything said about Damien Bisserier, oldest first

Mar 1, 2021 positive

Opinion

Bisserier: Alex Shahidi was among Bridgewater's most sophisticated institutional clients

“In fact, at Bridgewater, I would say he was one of our most sophisticated investors, including all the sovereign wealth funds and pension plans that we worked with.”

Damien Bisserier Mar 1, 2021 ▶ 11:16 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021 neutral

Insight

Bisserier: Most investment success is driven by luck rather than skill

“I think skill or success in investing isn't something you can measure over short timeframes. People love to attribute success to skill. Most of your success, sorry to break it to the listeners, is probably a function of luck. And some skill, but there's a lot …”

Damien Bisserier Mar 1, 2021 ▶ 59:41 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021 positive

Disclosure

Bisserier: Evoke-ARIS prefers investment managers who do not market at all

“I'd say we are more attracted to the managers that don't market at all, that just do what they do at the highest possible level, and that we get referred to by, as I said, clients or friends or other investors that we respect.”

Damien Bisserier Mar 1, 2021 ▶ 1:07:19 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021 positive

Disclosure

Bisserier: Evoke-ARIS requires hedge fund managers to be their own largest investors

“So we specifically look for managers that are their own largest investors, that close their strategies, that are not distracted by other businesses, that are terrified of losing money”

Damien Bisserier Mar 1, 2021 ▶ 37:07 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021

Assertion Not checkable as stated

Bisserier: Inexpensive near-zero debt creates a major market mispricing

“I'd say also that there is a major mispricing in markets that exist today in the sense that debt is very inexpensive. It's pretty close to zero to borrow, and private strategies utilize that to their benefit.”

Damien Bisserier Mar 1, 2021 ▶ 51:19 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021 neutral

Assertion Not checkable as stated

Bisserier: Bridgewater's win rate on trades was 55% to 60%

“Bridgewater's success rate with any given trade in a given year was 55 to 60%.”

Damien Bisserier Mar 1, 2021 ▶ 37:31 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021 neutral

Disclosure

Shahidi: Evoke-ARIS manages $19 billion, with $13 billion across 70 clients

“So as a firm, we manage about nineteen billion in assets. Damien and I handle about 70 clients or so. That makes up about thirteen billion of those assets.”

Alex Shahidi Mar 1, 2021 ▶ 32:46 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021

Disclosure

Bisserier: Evoke-ARIS leverages client relationships to access exclusive venture funds

“Access too is very helpful if we have some clients who are in the venture space and those funds would be otherwise inaccessible to us, but we can leverage that relationship to gain access.”

Damien Bisserier Mar 1, 2021 ▶ 53:30 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Mar 1, 2021

Insight

Bisserier: Very few investors can truly hold through market downturns

“And so a lot of people have this philosophy that I can hold through the bad periods, but in practice, very few can. And you end up with the very worst outcome if you have a client or an investor that sells at the lows and changes course.”

Damien Bisserier Mar 1, 2021 ▶ 31:29 Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179)

Damien Bisserier

Everything said about Damien Bisserier, oldest first

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