Bad year? Increase risk. Good year? Do the…

Joachim Klement

Jan 8

18

1

2

Every fund manager lives and dies by her performance.

Read →

1 Comment

Marginal Gains

Jan 8

Your post reminded me of the following quote from Charlie Munger:

"Show me the incentive, and I'll show you the outcome."

Expand full comment

Reply

Share

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts

Klement on Investing

Bad year? Increase risk. Good year? Do the…