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Tim Alcorn, Baillie Gifford – Lessons from Bessembinder (The Best Investment Writing Volume 6)

The Meb Faber Show - Better Investing

CHAPTER

Lessons From Professor Hendrik Bessenbender

bailey gifford has been partnering with and supporting the research of professor hendrik bessenbender. Hendrick, or hank besenbender, is a professor of competitive business at arizona state university. His new research into successful firms stems from his discovery of how, over a longe time frame, very few companies have made a big difference. Between 19 26 and 20 19 there was a forty seven trillion dollar additional growth in wealth of shareholders in us. Stocks compared to Treasury bills. However, this growth in wealth has been disproportionately generated by a small number of companies.

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