Quant Macro Investing

Risk Taking Disciplined

NYT: An Office? She’ll Pass on That

Great interview with Meridee A. Moore, founder of Watershed Asset Management, a $2 billion hedge fund based in San Francisco.

(New York Times) …  So, if you can include someone who comes with a different perspective — as long as they embody the same values — it’s a great way to get to the right answer. It helped me to understand that hard work, intelligence and willingness to go the extra mile can come in all shapes, sizes and colors.

… There’s nothing better for sharpening your ability to predict outcomes than living through some period when things went wrong. You learn that events aren’t in your control and no matter how smart you are and how hard you work, you have to anticipate things that can go against you.

… If the person avoids answering the basic questions and instead changes the subject to talk about the work they did, that tells me the person is a bit rigid. Instead of trying to respond to what’s being asked, they’re trying to get an A on the test.

…  they have to be able to challenge others and have me challenge them without taking it too personally.

… Investing is all about learning from what you did right and what you did wrong. If you are too afraid to admit what you did wrong, you are setting yourself up to make an even bigger mistake in the future.

Editing Assistant: Lingli Li

March 15, 2010 - Posted by | Hedge Funds

No comments yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: