“It’s human nature to do things in groups.

This is extreme in markets.

I’ve seen first hand: cases in which it is better for reputation to fail conventionally than to succeed unconventionally.

Asset managers are like people: they like to do things in groups.

I have witnessed first hand large allocators who as an organisation seem to prefer losing money in a group than making money by yourself”

David Steinberg

Founder, Marlowe

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