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The Market for Funds Has Changed
When you announced Joe that you were going to retire as a fund manager at the end of 2023 was it partly just a reaction to the emotional and psychological drain and exhaustion of going through this long period where a less rational approach to investing was doing better. Yeah, I think you, yeah it is hard to tell. I think there's rarely been as much stuff that seemed crazy to me that was going on in financial markets and the rest of the real world then over the last two years. It was sort of emotionally exhausting but also my dad was getting to the end of his life and I guess that brings thoughts of mortality and he did finally pass in December last year. realizing that yeah telling