Liquidity and Regulation
Michael discusses the cyclical nature of capital access, emphasizing that borrowing becomes more challenging during downturns. He highlights the tendency of regulators to address past issues rather than anticipate future challenges, particularly in liquidity. Additionally, the conversation touches on the complexities of active management and the contrasting views of seasoned investors like Warren, prompting reflections on the pursuit of fulfillment in investment strategies.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
[REPLAY] Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36)
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