Four decades into his career, Paul Moore seems to be just getting started. Two years ago, he made the bold decision to vend his business, PM Capital, into Phil King’s Regal Partners. Many thought this was an exit plan for Moore. Instead, it proved to be the tonic he needed. PM Capital has since become a growth engine inside Regal, with close to $5 billion under management and performance that continues to deliver.

In this episode of Success and More Interesting Stuff, Paul shares what keeps him motivated, why he believes the only true arbitrage in markets is time, and how he is positioning portfolios in today’s unpredictable environment.