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I like little fund managers that think they understand anything about the actual operations of the companies they invest in based on metrics like "median salary

• toomuchtodo 4y ago
  Gotta justify your fee for not beating index funds. https://seekingalpha.com/article/4567705-chris-hohn-tci-fund-management-13f-portfolio-q3-2022-update https://seekingalpha.com/article/4567705-chris-hohn-tci-fund... > This quarter, TCI Fund Management's 13F portfolio value decreased ~10% from $31.60B to $28.58B. The number of positions decreased from 12 to 9. The top three holdings are at ~53% while the top five are close to ~79% of the 13F assets: Alphabet, Microsoft, Canadian National Railway, Canadian Pacific Railway, and Visa. This is down from ~$44B 1H2022. https://seekingalpha.com/article/4522800-chris-hohns-tci-fund-management-13f-portfolio-q1-2022-update https://seekingalpha.com/article/4522800-chris-hohns-tci-fun...
  • jmathai 4y ago
    Looked him up and he seems like a solid person. I don't agree with his assessment of Alphabet but his activism and philanthropy may make up for it. https://en.wikipedia.org/wiki/Chris_Hohn https://en.wikipedia.org/wiki/Chris_Hohn
    • zoklet-enjoyer 4y ago
      No
  • ablatt89 4y ago
    Would TCI recommend they lay off their own staff or reduce their staff salaries due to such abysmal returns also? Lol.