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Getting Lucky With High Quality Companies
We don't want to trade much. We believe quite strongly that trading has cost aunknown benefits, n cost unknown benefits. Many of our original er clients, shu be, started off with nothing focom original clients. But we stumbled across this return premium, which has been pretty steady over the last 30 years. Everybody wanted quality d just as, if you remember about ten or 12 years ago, a mean, various optimization and e er in a low vall portfolios were all the rage. I think they got priced out of any potential return premium. And i think there's a danger with quality there.