A Conversation with Robert Bose

In times of heightened volatility and uncertainty, what should investors do?

1.    Manage volatility?

2.    Take advantage of volatility?

3.    Look through volatility?

The right approach, he emphasized, depends heavily on context:

• “How we think about deploying each of those strategies really comes down to the specifics of the investment. At the asset level, one strategy often stands out as more appropriate than the others—depending on whether it's a public or private investment, its place in the funding cycle, and the length of the investment horizon.

• While our approach [at Charlestown] is generally more bottom-up than top-down, it’s still important to understand your exposures—what’s too big, what’s too small—and use that insight to decide where to take advantage, where to reduce, or where to simply stay focused on the fundamentals.”