Common Mistakes

My $125 Million Dollar Mistake

The portfolio held 70 stock positions… and I had no clue about most of them. I had inherited US$125 million in dozens of shares from a previous portfolio manager, and I hadn’t yet gotten up to speed on them

I knew that I wasn’t “holding” these positions. Being handed over the reins I was effectively “buying” them… every moment that they were in the portfolio, I was “buying” them.

Check out our H2 hedge fund letters here.

It was one of the most . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com or click chat button and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0