An interview with value investor Zeke Ashton discussing concentration when managing a portfolio.
Ashton calls Burry a "homerun investor" in that Burry can handle a huge amount of volatility while he waits for an investment to play out.
Ashton thinks of himself as more of a "singles" hitter looking for a high on-base percentage without the volatility.
Some excellent advice from Ashton on the dangers of overconfidence:
Ashton calls Burry a "homerun investor" in that Burry can handle a huge amount of volatility while he waits for an investment to play out.
Ashton thinks of himself as more of a "singles" hitter looking for a high on-base percentage without the volatility.
Some excellent advice from Ashton on the dangers of overconfidence:
