Challenges of Finding Managers and Spotting Investment Opportunities

The difficulty of finding competent managers is highlighted by the speaker's limited experience in knowing only two at a time/nPromotional types soliciting institutional investors are unlikely to prove their long-term ability and integrity/nSpotting good investment opportunities requires a significant amount of time and knowledge about the investment world/nOccasionally there are opportunities worth investing in, but they are not a frequent occurrence/nBeing overly optimistic about finding weekly investment opportunities can lead to significant financial losses