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Look, you put around 1,024 people flipping coins in
a room. You tell them all to flip, and one of those
1,024 is going to flip heads ten times in a row. And
you’d say, “What a lucky guy.” Right? But in the
fund business, you’d say, “What a genius.” [Laughs.]
You can even have gorillas do it, and the outcome is
exactly the same!
a room. You tell them all to flip, and one of those
1,024 is going to flip heads ten times in a row. And
you’d say, “What a lucky guy.” Right? But in the
fund business, you’d say, “What a genius.” [Laughs.]
You can even have gorillas do it, and the outcome is
exactly the same!
