2min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

SPECIAL EPISODE: Introducing Capital Allocators Podcast with Host Ted Seides

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

Is There a Bias in the Market?

Bernstein didn't have any corporate finance arm. So they had an investment arm. They had no traditional underwriting arm. And so at some point we took pride in it. It was our point of differentiation. Even today, the number of sell recommendations is in the minority.

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