Play Your Strengths The Problem with Value Managers Acting Alone

Varying Outlooks may be a Recipe for Success

One reason our results have been relatively strong is because our mistakes have been in smaller positions and our successes in larger ones. I attribute a lot of that to our partnership: I tend to be a glass half-full person, while Ed [Co-manager Edward Studzinski] behaves more as if the glass is broken and empty. He helps restrain my more aggressive instincts and his natural skepticism has been incredibly valuable.