Investing in a manager just because peers do is a bad strategy
Colette Chilton · Collette Chilton – Humility and Loyalty at Williams College (Capital Allocators, EP.174) · Jan 25, 2021 · at 42:01
Colette Chilton, CIO of Williams College, discusses herd mentality and FOMO in institutional endowment investing.
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“All your friends are doing it, And you say, this doesn't feel right to me. But all the cool kids are doing this, so we're gonna do this. And that's never a good strategy.”
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