“Generally speaking, any fund is going to get its best performance in its early years. There's less money, the fund is more nimble, the manager is more hungry.”
“If you're doing a total paradigm shift and completely changing the investment mandate of the fund, then at least in theory, the positions are not going to make sense.”
“It's one of those things that make you proud. Seeing all these people come out and contributing, whether they were directly affected or not, is really heartwarming.”