Mike Trigg discusses WCM Investment Management's foray into late-stage private markets and early investment track record.
Insight
Trigg: Hiring a head of HR leads leaders to outsource vital duties
“When you hire someone to be the head of HR, what do you do? You start outsourcing, I think, very important duties as a leader. You know, if I suddenly need to let somebody go, I'm not going to go do that. Or if I do have a difficult conversation with somebody …”
Prediction Not checkable as stated
Trigg: Moat trajectory investing may lose its edge within 10 years
“To some extent, motor trajectory may not be the significant advantage 10 years from now that it was 10 years ago.”
Assertion Not checkable as stated
Trigg: WCM Used Paper Ballots From All Staff for Investment Committee Consensus
“Every single person in the room, I mean, you could be in operations, you could have been in sales. I mean, everybody wrote down on a piece of paper what they thought we should do with the next trade in the portfolio. And then all those votes were tallied up an…”
Insight
Trigg: Alpha Exists in the Gap Between Market Fade Expectations and Reality
“And it's that delta between what the market's expectations for the fade are and when they actually takes place is where all that alpha generation opportunity exists.”
Insight
Trigg: AI Summarization and Report-Writing Offer Zero Competitive Edge
“All the other stuff that you hear about and people talk about around writing reports and Summarizing, that's all permission to play off the shelf stuff. There's no edge there. There's no competitive advantage in trying to think too deeply about any of those th…”
Insight
Trigg: Framing colleagues as friends increases accountability rather than lowering standards
“In fact, I have always said that a group of friends, some people have said, well, if you're all friends, nobody's going to want to hold each other accountable. And you're going to just be having fun all day and messing around. And I said, it's actually the exa…”