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Description: Star stock picker and longtime money manager Jeffrey Vinik explained Thursday that he’s shuttering his hedge fund because would-be investors balked at his investment strategy, a reluctance that ultimately capped how much his relaunched firm was able to raise.

Source: CNBC.com – video report

Date: Oct 24, 2019

Link: https://www.cnbc.com/2019/10/24/jeff-vinik-says-hes-ending-fund-because-investors-doubt-his-strategy.html

Questions for discussion:

  • Why is Jeffrey Vinik shutting down?
  • Do you think this situation suggests anything special about investing trends?

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