“where we think it can occur. They tend to be areas with a…” — Capital Allocators – Inside the Institutional Investment Industry at 14:16
“where we think it can occur. They tend to be areas with a large number of opportunities, small opportunities where you need deep specialization where there's big upside. An example would be in biotech equities. Microcap, small cap biotech stocks. They're all burning money in pursuit of a therapy”
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