Stutman: Hedge fund managers lack people willing to speak truth to them
Randall Stutman · Randall Stutman - Admired Leadership (Capital Allocators, EP.150) · Jul 27, 2020 · at 24:16
Randall Stutman, an executive coach who advises billionaire investors and corporate CEOs, discusses the acute isolation and lack of honest feedback facing hedge fund managers.
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“The biggest issues for hedge fund managers, as far as I'm concerned, is a couple things. Number one, many of them like themselves way too much, and so they really need somebody that's willing to be honest with them. They're very powerful people, both financially and personally, and so the ability to speak truth to them, they don't have anybody in their lives that are willing to do that. Even some of their closest partners are going to Filter a lot of their information. That's true for CEOs too, by the way, but for hedge fund managers, it's really acute.”
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