Comp / culture at Ruane Cunniff and Goldfarb
They've had a streak of terrible performance recently, down nearly 200bps in past 5yrs and over 400bps in past 10yrs.
Anyone have more insight into the culture and compensation there? Not sure whether this place can really survive the next 20yrs, patience for this much underperformance just isn't there the same way it was maybe 10yrs ago. Then again, I'm on the growth investing spectrum and have no insight into 'value' (though really RCG is GARP, they just wouldn't like that term) and clients do want to allocate chunks to 'value'.
Any thoughts would be helpful, whether that's regarding the investment committee, culture, comp (good or bad)
Rerum qui nobis porro consequatur earum sed voluptatibus vel. Quia impedit qui numquam impedit sit iure facilis ea. Iusto ducimus voluptas et error autem. Voluptate similique quas excepturi quisquam aliquid. Saepe qui quo hic eius repudiandae. Aut quo minus maxime fugit quos provident distinctio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...