Sandler: Fund managers must be 'long-term greedy' and err on generous pay
Ricky Sandler · Ricky Sandler - Evolution of Long-Short Equity Investing (EP.414) · Oct 28, 2024 · at 54:49
Ricky Sandler, founder and CIO of Eminence Capital, explains to Ted Seides the principles behind retaining senior investment talent in the hedge fund industry.
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“I think you have to compensate people. You have to err on the generous side. I don't think you have to dramatically overpay them, but you can't be cheap, and you can't be greedy. You gotta be long-term greedy.”
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