style drift
3 statements across 3 episodes · 0 bullish · 2 bearish · 3 people on the record · first statement Jul 17, 2017 by Adam Blitz · across every show →
Everything said about style drift, oldest first
Jul 17, 2017 negative
Sep 12, 2022
Lippmann: Fund managers cannot easily expand mandates later without style drift penalties
“When you start something, you can dub yourself whatever you want. And either people give you money or they won't. But one thing I've learned in the 12 years, it's very hard to then change. You can claim anything you want to claim. But afterwards, if you try to…”
Feb 5, 2024 negative
The investment industry reflexively punishes genuine process evolution by labeling it drift
“If you have a notion of getting better, learning from mistakes, showing vulnerability, having a growth mindset, the industry writ large will be very quick to ascribe the term drift, style drift, process drift, thesis drift.”