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49. Tobias Carlisle - What is Money?
Mutiny Investing Podcast
The Importance of Patience
I think that the vindication comes over time. I feel in some respects, you're a captive to when you start a fund,. So my deep value fund started in February 2020 and it's outperformed since September 2020 as well. It means one looks very good and one looks like it's less good, but it's the same strategy in both. At some point, the external matches the internal so I'm not too worried about it at all. There's always a business risk in there. You have to perform at some point through there.
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