ValueWalk's Raul Pangabiban inteviews Keith Smith, the Portfolio Manager at Bonhoeffer Capital Management. In this part, Keith discusses how he manages risk, driving returns from a combination of portfolio management and risk management, and shares his views on active and passive investing.
Q3 2019 hedge fund letters, conferences and more

All right, yeah. So I just want to know, how do you define risk and how do you manage it?
Um, I think the risk is sort of long term destruction of capital, which would mean that economically guys are making poor decisions. And part of that is is most businesses...

