Inside Active: Rainwater’s Shaposhnik on Predictable Businesses
Investing often comes down to making forecasts about an uncertain future, but some businesses are inherently more predictable than others. In this episode of Inside Active, host David Cohne, mutual...
By Mariam Traore · Bloomberg
Investing often comes down to making forecasts about an uncertain future, but some businesses are inherently more predictable than others. In this episode of Inside Active, host David Cohne, mutual fund and active management analyst at Bloomberg Intelligence, speaks with Joseph Shaposhnik, portfolio manager of the Rainwater Equity ETF (RW), about his philosophy of investing exclusively in businesses with durable, recurring-revenue models. They discuss why predictability can be a competitive adva