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Logica Capital On Their Favorite Stocks

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Jacob Wolinsky
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ValueWalk's Raul Panganiban interviews Wayne Himelsein, the President and CIO Logica Capital Advisers. In this part, Wayne discusses the underperformance for stock selecting managers, sticking to the highest conviction in a portfolio, his portfolio construction strategy for a high conviction basket, the uncertainity of the markets, his emotional discipline,  and what is it like to be a good quant.

Q2 hedge fund letters, conference, scoops etc

Aswath Damodaran
rawpixel / Pixabay

Okay, yeah and i just want to know here is why is there underperformance for stock selecting managers?

Underperformance for stock selecting...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.