Paul Black and Mike Trigg – How to Build a $100B Money Manager (Capital Allocators, EP.227)
Capital Allocators – Inside the Institutional Investment Industry
Culture and Motrojectory in Focus Portfolios
Change involves a commitment to core principles while seeking continuous improvement and innovation in investment strategies. Maintaining a focus on positive motrojectory is seen as crucial, yet the evolving landscape necessitates exploration of new investment frameworks. The creation of a dedicated research initiative, such as the WCM Artist Studio, underscores the importance of identifying new sources of alpha while adhering to established cultural and philosophical values. Lessons learned from past failures in management firms emphasize the critical role of a healthy organizational culture, particularly during challenging periods. A stark awareness that many formerly high-performing firms have since struggled underlines the necessity of cultural vigilance. The initiative to reach out to founders of failed firms reveals a reluctance among top performers to confront their shortcomings, indicating a disparity between perceived success and the realities of maintaining a thriving organizational culture.
