The investment world is a field littered with variance in opinion; that’s what makes a market. I’ve written in the past about the difficulties in capturing nuance; we can’t carry a placard on our foreheads that details our “what and why” so investors often talk over one another without appreciating how the other side’s perspective is formed. There are no “right” answers in this business, there is no single “best practice”, and the needs of one investor may differ entirely from another. Yet, much of the discourse between investors involves the projection of one narrow view of the world onto another’s narrow view. ... (full story)