Capital Allocators – Inside the Institutional Investment Industry cover image

Capital Allocators – Inside the Institutional Investment Industry

[REPLAY] Paul Black - Gratitude, Fun, and Growth Stocks (Capital Allocators, EP.51)

Feb 5, 2024
55:47
Snipd AI
Paul Black, Co-CEO and portfolio manager at WCM Investment Management, discusses growth stock investing, creating a positive culture, identifying tailwinds, and the importance of company culture in the institutional investment industry.
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Podcast summary created with Snipd AI

Quick takeaways

  • Analyzing a company's competitive advantage and culture is crucial for successful investing.
  • Identifying companies with growing moats and positive cultures increases the chances of long-term success.

Deep dives

Paul Black's Journey to Success in Investment Management

Paul Black, portfolio manager and co-CEO of WCM Investment Management, shares his journey in the investment industry. Starting with a small boutique firm in 1989, Paul highlights the importance of hard work, learning from mistakes, and constantly improving. He reflects on his early years in the business, where he learned the value of understanding the direction of a company's competitive advantage and the significance of culture in driving success. Paul also discusses the power of optimism in growth stock investing and emphasizes the importance of gratitude and fun in building a positive company culture.

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