Management teams play a crucial role in business. In this podcast, Adam chats with Latitude IM’s Managing Partner and portfolio manager Freddie Lait on the merits of analysing management incentives and behaviour, as well as their role in determining a company’s fate. They go onto compare the tale of two retailers – US auto part retailer AutoZone, and UK stalwart Tesco – demonstrating how relatively simple businesses models can compound value and generate strong investment performance through time.

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