​Hedge Fund CIO: “Real Wealth Is Not Generated By Diversification, It Is Built Through Concentration” – Tyler Durden

Hedge Fund CIO: “Real Wealth Is Not Generated By Diversification, It Is Built Through Concentration” By Eric Peters, CIO of One River Asset Management Concentration:  “Don’t get distracted by an iPhone 17 with ChatGPT functions,” said the British CIO,his long career spent in Asia. “It’s a distraction in the grand scheme of things,” he continued. “All that matters is that you understand we’re in a massive arms race; our ability to win comes down to compute, power, AI.” We were discussing highest conviction themes, where you’d concentrate your capital if you could make only one bet. It’s a good thought…  — Continue at ZeroHedge News : Read More