Financial Times’ Post

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This investment manager decided to avoid Nvidia and is now defending his decision after the returns of his global fund lagged its benchmark in the first half of the year. Read what he has to say: https://on.ft.com/4cAa7ou

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Paul Bryan

Deputy CEO, Managing Director, Finance Director (CFO), Board Member

1w

Well Decca rejected The Beatles #noregrets there!

Robert Grudniok

Business Strategy Consultant at Accenture | Strategy Consulting | M&A

1w

Yet another "shocking" story from FT - Every investment fund has a predefined mandate, including the returns and volatility targets - that is the reason why investors put the money in there. Investment managers need to stick to whatever is written down in the contract, else they would not be able to charge the management fee to the fund It well could be that Nvidia at the time of writing of the semi-annual letter did not match the mandate (i.e. volatility was too high, or would put too much concentrated risk), there was nothing else they could really do

Melvin Stanley-Davies

Financial English | British TESOL & Cambridge English Certified

1w

Semiconductor competition is heating up and it's quite hard to choose. Right now I like SOXX (iShares Semiconductor ETF).

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Daman G.

Solutions, Strategy, and Relationships

1w

The image headline and question is applicable for the vast majority of active global equities managers. Happy to share some intelligence and perhaps a discussion, if of relevance.

Emmanuel A.

Director, Africa, ME & South American Market, Eagsyne.

2w

😂😂, he is a joker!!

Christian Campos

Treasurer at Timberline Woods' Board of Directors

1w

I smell a short positions lol 🤷♂️

James C.

Marketing | Digital | CRM | Marketing Automation |

1w

It's like the guy who liquidated his Berkshire class B shares in 2000 decades before his retirement age

Karol Bojnanský

>Wealth manager & Capital Markets enthusiast >God-level risk management skills and Satan-level capital lock-ups >"Non multa sed multum" - Pliny the Younger >"Choose clients as you would friends" C T Munger

1w

I think Terry knows what and why he is doing.

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Johnny "Lightning" Tropez

The first truly honest writer of the 21st century

2w

No

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