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M* Fortune Doesn't Always Favor the Bold

johnNjohnN
edited February 2020 in The Bullpen
https://finance.yahoo.com/news/fortune-doesnt-always-favor-bold-060000292.html

Fortune Doesn't Always Favor the Bold
MorningstarFebruary 28, 2020, 12:00 AM CST
Case Study
The year is 2013, and you are an investment professional at Grantham Mayo Van Otterloo & Co, generally known as GMO. Your firm has an excellent reputation, highly regarded for its dispassionate asset-allocation process. Other companies may be swayed by the prevailing winds, but not GMO. It invests where the opportunities lie, rather than where the headlines indicate.
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