• $9 billion hedge fund manager David Abrams, who rarely makes public appearances, lays out his investing strategy - and cautions against being too patient

    10 days ago - By Business Insider

    David Abrams, who manages nearly $9 billion with his fund Abrams Capital, rarely makes public appearances.
    He told attendees at a New York conference on Friday that while a short-term-only focus from investors will only end up hurting a company long-term, managers can actually be too patient.
    "The long term is made up of a lot short terms," said Abrams, who is a protegee of Baupost's Seth Klarman.
    He derided investors that look for the easy way out, saying there's no algorithm" for investing.
    Even patience has its limits.
    It's a mantra that every investor should subscribe to, according to...
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  • Steve Case on why he's investing more in startups outside of Silicon Valley and New York

    Steve Case on why he's investing more in startups outside of Silicon Valley and New York

    10 days ago - By Business Insider

    At IGNITION 2018 , AOL founder Steve Case explains why his venture capital firm Revolution invests in startups outside of Silicon Valley and New York.
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