
Joel Fried and Al Mordecai: Upholding the Culture at Primecap Management
The Long View
Approach to Decision-Making and Individual Accountability
This chapter explores Primecap Management's approach to decision-making, emphasizing the value of collaboration but not relying on committees. They discuss the importance of individual accountability in managing money and preferring investment ideas from individuals with an independent view. The chapter also highlights their contrarian approach to investing and the construction of portfolios at Primecap Management.
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