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Conviction Is a Keystone of How Fund Managers Work
In the world of a fund manager, a lot rides on your conviction level. Conviction is like a keystone of how fund managers work. And usually use it as the wer tha size position. If i have a small position, it's typically because i'm not quite arias with my conviction yet. A client had us using nudges to track his conviction level every time he made a decision. He felt that wasn't always the case.