Golden: Knowledgeable investment boards enable allocators to take contrarian pain
Andy Golden · Andrew Golden – Beyond the Long Term (Capital Allocators, EP.13) · Jun 26, 2017 · at 23:18
Andy Golden, head of PRINCO, discusses the structural advantage of having a sophisticated investment board when executing contrarian, buy-low strategies.
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“It means that you got to be contrarian, and it means that you got to be able to do some uncomfortable things. And people who understand what you're doing will allow you greater units of discomfort, and they will also allow you to optimize that discomfort spending them in ways that are counter to conventional wisdom.”
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