It is your job to pick fund managers, not mine. My one free piece of advice, however, is to find someone who is clear about their own area of excellence. When you ask them how they generate excess returns, the answer should be extremely clear. And whatever it is that particular fund manager is good at, they should stick to it. If you want a good example, watch this interview with Leah Zell from Lizard Investors. It was my favourite interview from our panel at the recent Sohn Hearts and Minds conference. I’m sure you will enjoy it.
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