‘An investment thesis is not a religion’: $44 billion CIO warns you need to figure out how you might lose money, not just make it
via linkedin.com
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In an era of trillion-dollar bets on AI and whiplash-inducing market swings, Nicolas Giauque has a blunt message for investors who’ve grown too comfortable with their conviction: check yourself. “An investment thesis is not a religion,” said Giauque, the managing partner and chief investment officer of Farallon Capital Management, in a recent interview on Goldman […]