4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP478: Market Cycle Masterclass w/ David Stein

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

How to Evaluate a Track Record of an Investment Manager

When you evaluate a track record of an as a manager, what's your process? Exactly that. So we want to understand what are the factors that drove the performance. One of the things I really tried to do in working with board is to encourage them to hire the manager that had the worst performance. Because nobody is that skilled that they always outperform. It just doesn't ever happen. Everyone makes mistakes. Everybody's style is at a favor.

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