Keeping the Thesis Dynamic, Avoiding 'Thesis Creep'

The thesis statement is our #1 tool: it's the key representation of uncommon, uncorrelated investable insights that only your specific firm with your specific team and your specific investment philosophy can create. It’s also the bridge between investment philosophy and stock level work. Finally, it's how we communicate without getting dragged back to the mean and instead, communicate at the level of uncommon, uncorrelated insights. Let's jump in.