Quantico's 20-Year History of Strategy

I sit back with the impression that a lot of the things that you do today are things that you discovered, you know, 20 years ago. And we've obviously heard from other managers that they do spend a lot of time focusing on execution and all of those things fully understand. But nevertheless, we have learned so much over the last 20 years to understand better. Where does it come from? How should we improve?How big can an incremental improvement of specific strategy? How big can that be? I think our understanding of what we are doing is exponentially higher than it was 10, 15 years ago.

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