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08/12/21
16:12
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Originally posted by Spiveyas:
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This news is highly relevant. Firstly because you certainly do not want your star manager sidetracked with the emotional turmoil that comes with a divorce. Secondly his wife , who has no attachment to the business, is a likely seller of shares.
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Originally posted by SP007:
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hamish has used the media very well on the way up. and now he wants privacy. cant have it both ways. In this instance his private matters have real impact on business performance. “Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance.” Tudor Jones didn't just single out women on his UVA panel; he also pointed to divorce as the type of emotional distraction that automatically subtracts 10% to 20% from any manager. He also noted that one of his rules as an investor is that if he finds out his manager is going through a divorce, he pulls money out of the fund immediately.
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Agreed, sorry to say.