Asset Management

Martin Gilbert: Asset managers must be paranoid to survive

Be wary — talk of a ‘new normal’ may result in a period of inertia

Asset managers cannot rest on their laurels as huge shifts occur, Gilbert says
Asset managers cannot rest on their laurels as huge shifts occur, Gilbert says Photo: Newsline Media Limited

Andy Grove, the former Intel co-founder and chief executive, once said that “success breeds complacency”.

It is five years since Grove sadly passed away. His life story of fleeing war-torn Europe after the Second World War, graduating from the University of California and establishing a global PC company is inspirational.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire