Larry Hite is a long-time successful hedge-fund manager who doesn’t believe he — or really anyone — can predict what the stock market (and other markets) will do next, or which seemingly successful companies will suddenly crash. Hite expounded on his approach to investing in his new book, “The Rule: How I Beat the Odds in the Markets and in Life―and How You Can Too.” He discussed his investment style, a current trade and some of his best and worst trades in an email interview with MarketWatch. Answer: I’m interested in stocks that went from selling software to subscription models. Read More...
Here’s the stock-market trade this hedge-fund star is most excited about right now
Larry Hite is a long-time successful hedge-fund manager who doesn’t believe he — or really anyone — can predict what the stock market (and other markets) will do next, or which seemingly successful companies will suddenly crash. Hite expounded on his approach to investing in his new book, “The Rule: How I Beat the Odds in the Markets and in Life―and How You Can Too.” He discussed his investment style, a current trade and some of his best and worst trades in an email interview with MarketWatch. Answer: I’m interested in stocks that went from selling software to subscription models.
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