Have you heard of the phenomenon called two in a bedroom? I learned about the phenomena in a movie called “In the Bedroom”.When two lobsters wander into the same fishing trap, they often fight. They use their claws to establish dominance, and the winner may injure or even kill the other. Lobsters missing a claw … Read More
Hiring Alpha: How Psychological Assessment Predicts Portfolio Manager Performance
You Can’t Interview for Alpha Getting a Portfolio Manager hire wrong costs more than $3 million when you account for compensation, team disruption, capital drag, and reputational risk with LPs. At larger multi-manager platforms, that number climbs considerably higher. Yet most firms still rely on the same hiring tools they used twenty years ago: track … Read More