Devin Haran is the founder of Somerset Hills Capital, a value-focused investment manager. He got his start in investment banking, making stops at Merrill Lynch and RBC Capital Markets before launching Somerset Hills. He holds a BA from Amherst and an MBA from Columbia Business School.
In this conversation, we cover a range of topics:
-- Baseball continues to over-optimize, but the NBA is going the other way
-- The Pareto Principle and how it applies not only to trend-following, but equity indexes as well (Michael's latest article)
-- The value of starting from modest means and learning how to stay in business
-- Our innate behavioral tendencies tend to serve us well in a life or death situation, but not so well in the markets
How to get in touch with Devin: