The Security Analysis Podcast cover image

Scott Reardon: Quantitative Deep Value & Qualitative Fundamental Portfolios

The Security Analysis Podcast

00:00

The Downside of a Super Concentrated Portfolio

Even Greenblatt said that he was running an ultra concentrated portfolio like that and he said his clients couldn't handle it. I think it does stem from just this kind of that principal agent mismatch. And no one's going to sit down with you as a client and say, well, here's the deal. You can only engage in this sort of, you know, you try to minimize embarrassment. Yeah.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app