
Activist investor
The no-BS rule
If there was one thing I always enjoyed about small financial shops
like Holte Capital, it was the complete absence of internal politics.
Compared with Lazard Frères, where even 22-year-old analysts like
me quickly learned they had to navigate the office minefield to find
the best deals to work on, my hedge-fund experience was simple. If
we found meetings a waste of time, we would stop having them. If
wearing suits with colourful bow-ties or matching pink hats would
bring success, we would happily wear them. Or if leaving an 80-page
research report that you otherwise never got around to ...