Investing in the Resource Markets Is a Big Differentiator

The number of people who really pay attention in the resource space has atrofeed in such a way that it's de minimis these days. You know 15 or 20 years ago every big hedge fund you know had three or four commodity cyclical folks and now they have 25 tech and health care analysts. The skill set to really understand what's going on with the underlying companies is just atrofying, he says. "I was stubborn enough to stick out through a decade long downturn"