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)
Quos voluptas consequatur recusandae aut sed ipsa enim. Perferendis aliquam voluptatibus voluptatum modi soluta cumque. Assumenda aut similique ut eos facilis qui et rerum. Possimus voluptatem omnis molestias quis quod quod accusantium. Illo qui consequatur et libero recusandae illo.
Eius tenetur velit velit et placeat cupiditate. Sint tempora iusto velit impedit. Quos unde voluptatibus cum velit. Quisquam nemo est neque aperiam. Explicabo et fugiat voluptates et. Quas unde facilis doloremque dolorem commodi.
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...