Macro Hive Conversations With Bilal Hafeez cover image

Richard Oldfield on Value Investing, Warren Buffet and Elon Musk

Macro Hive Conversations With Bilal Hafeez

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I Think It's a Good Idea to Invest in a Small Firm

Most choosers of managers, that's to say most institutions get it wrong and they get it wrong above all because they react to periods of underperformance instead of trying to rate the manager. The performance is an inescapable piece of knowledge but we try to rate on people, the quality of the people, their approach, their process. I always wanted to run an investment business from a garage in Battersea, well I happen to have a garage inBattersea so that's why. Being out of the mainstream I think is a great advantage in investment. You don't want to be too close to the weeds. Henley on Thames was not a bad place for Martin RB

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