Higgins: Investment risk must be weighed by probability and proportionality
Brian Higgins · Brian Higgins - King Street Capital (Manager Meeting, EP. 21) · Nov 24, 2021 · at 47:55
Brian Higgins, co-founder of King Street Capital, outlines his internal framework for evaluating macro and credit risks.
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“I talk a lot about internally about probability and proportionality. That's our job is to weight the two. And so what events are out there ahead of us? Like what's the probability that those events can occur? And then what proportion of the business or that you're looking at would it impact?”
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