Is the advice more important, or the advisor?
May 3, 2022 2023-09-25 6:22Is the advice more important, or the advisor?
Letter # 85
Today, we discuss two approaches to “work culture”. One is based on Netflix’s CEO Hastings’ book; a presentation that was downloaded 21 million times, given by the CEO of a company whose peak market-cap crossed USD300 billion last year. The second is based on a CEO who sold his company to a competitor for just USD50 million.
Which set of rules do you think works better? The answer might surprise you. And that offers some basis on how we should evaluate ourselves as investors, as well as our portfolio managers. Read here: https://tinyurl.com/5ec4xtfh
Disclaimers:
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies are provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.