I’m sorry to break it to you, but if your investment manager is spending their time doing online interviews or appearing in podcasts or on CNBC, it is probably not because they have an incredible investment strategy.
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simons' wealth is in the closed fund though, so he doesnt care. catherine lumber earns via E.R. , so everyone is just acting according to their incentives ?
Completely agree, and your incentive if you have a bad strategy is to spend much more time on marketing than you do on the investment process (this was not a cathie wood subtweet btw).
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in the corp world we eventually all acquiesce to the reality that every job is a sales job
Thanks. Twitter will use this to make your timeline better. UndoUndo
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