MI192: Richer, Wiser, Happier Book Review (Mini-Episode)
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
Investing in Technology Companies
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
Transcript
Play full episode
