Joe jackson
2 posts


My stomach dropped when Will Thorndike published The Outsiders.
I thought the arbitrage from partnering with exceptional operators would disappear.
But it hasn’t.
Institutional investors face constraints and behavioral expectations that make a Sidecar-like strategy impossible to adopt.
And most individual investors aren’t comfortable with the level of delegation required. There’s a deep desire to predict the future that’s challenging to overcome.
Thankfully, it will always be this way.
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