Dunn: Operational failures kill fund managers, not mediocre investment returns
Jim Dunn · Jim Dunn – Protect, Perform, Provide (Capital Allocators, EP.24) · Sep 4, 2017 · at 57:30
Jim Dunn, CEO and CIO of Verger Capital Management, discusses the critical operational and business requirements for running an outsourced CIO or asset management firm.
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“And the reality is, you can have mediocre investments and still have a wildly successful business. And you know a lot of those guys who've raised a ton of money with average returns. You can have the greatest investment returns in the world and not raise a dime. But if you have operational mistake, game over.”
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