At this year’s London Value Investor Conference, Castle Bay Investment Partners’ David Ridland pitched UK retailer Next, which the speaker claimed has built an “antifragile” business set for steady growth over the next few years.
A vital part of Castle Bay’s investment approach is the incorporation of mental models into the ideas process.
Q1 2023 hedge fund letters, conferences and more
The speaker highlighted the mental model of inversion, turning an idea on its head to find the right answer.
And by turning the idea of fragile business models on its...