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Interview: Is this the end of the star stockpicker?

FEAR & GREED | Business News

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Introduction

Blackwater investment partners is a new Australian fund manager launching this year with the backing of some of Australia's wealthiest families. Michael Skinner is the managing director and chief investment officer at Blackwater Investment Partners. He says rockstar stock pickers get that title built over a number of years of marketing themselves and their business. That's how the market's really gravitated to those individuals. We think it's not necessarily the best way to run a business having a rockstar in your words at the top, making the decisions.

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