Ted Seides on the World’s Elite Money Managers
Masters in Business
The Importance of Perpetual Capital
People tend to get stuck in the moment and not think. It's hard to pull yourself out of the moment, which is a snapshot. That's a foible of just how humans brains operate and it infects even professional investors. The idea of perpetual capital sometimes is more theoretical than realistic because people still live in the month and the quarter.
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