evelard under performed the market for a few years while other fund managers were making enormous short term profits. One senior executive at the company evelard was at referred to him as half senile for investing as conservatively as he was. The executives thought he was so crazy after just three years of under performance, so they ended up selling off evelard's fund to a small ment bank in january two thousand even though he had been with the firm since 19 62. Two months later, the tech bubble had burst. His fund then out performed the naztak by forty nine % in two thousand, 31% in two thousand one and forty two percent in two thousand too

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode