Mike Trigg and Sanjay Ayer – The Discipline of Getting Better at WCM (EP.467)

In this episode of Capital Allocators, host Ted Seides interviews Mike Trigg and Sanjay Ayer, portfolio managers at WCM Investment Management, about how the firm navigated a challenging period of underperformance after a long streak of success. They discuss the changes they made to their investment process, including refocusing on mode trajectory, broadening their research funnel, integrating AI as a research partner, and expanding into private markets. Mike and Sanjay emphasize the importance of adapting to market changes, maintaining a strong culture, and fostering talent within the organization. They also share specific examples of investment decisions they made during this period, highlighting the lessons they learned and the positive impact of their changes on the firm's performance.