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Bridger Pennington argues that fund managers should de-risk by avoiding growth for its own sake. Instead, focus on disciplined growth and patience, outlasting the market rather than chasing it.

Bridger Pennington argues that fund managers should de-risk by avoiding growth for its own sake. Instead, focus on disciplined growth and patience, outlasting the market rather than chasing it.
What strategies do you use to de-risk your investment? And I would say discipline on growth. I think that everybody thinks grow, grow, grow for the sake of growth. And I think there's a lot of funds that make mistakes on that. And I would say anybody that's doing a fund, don't try to buy your way into growth and don't buy your way to success. Disciplines of growth should be built always around on a fund, especially when you're custodian of other people's monies. Don't just fund to grow and think that growth for the sake of growth is going to be success. Have discipline around it. Like you said, I mean, you can outlast. Outlasting doesn't mean funding your way to growth.

The AI stack is trying to consolidate to a winner take all, do you think it'll stay fractionalized

Before you launch a fund, triple check your fund attorney actually filed everything.

Different view on housing affordability and the fed raising rates not lowering rates