1 rich Libsyn https://www.libsyn.com 90 600 My guest on today’s first meeting is Paul Black of WCM Investment Management.&amp;nbsp; This show is a replay of our conversation on Capital Allocators last year, and has been one of the most listened to conversations with a manager on the show.&amp;nbsp; At the time, WCM managed $26 billion and since then they’ve continued to perform and grow.&amp;nbsp; Today, WCM oversees $40 billion and earlier this year announced the sale of a minority stake in their business to Natixis Investment Managers. Paul Black is portfolio manager and Co-CEO of WCM Investment Management, a $26 billion manager of global equities that he joined when it was a $200 million boutique in 1989.&amp;nbsp; His early career included positions at Wells Fargo Bank and Bank of America. Our conversation starts with Paul’s trial-by-fire entry into the business and turns to growth stock investing, including defining a great growth company, searching for widening moats, assessing a culture tied to competitive advantage, creating a positive culture, learning from mistakes, identifying tailwinds, and protecting the downside. Paul embodies the principals he preaches and offers some tasty food for thought. Learn More Read the&amp;nbsp;Transcript Subscribe to the&amp;nbsp;Capital Allocators Blog or Monthly Mailing List Don't Subscribe, but&amp;nbsp;Let Us Know Who You Are Write a review on&amp;nbsp;iTunes Follow Ted on twitter at&amp;nbsp;@tseides Review past episodes of the&amp;nbsp;Podcast Capital Allocators – Inside the Institutional Investment Industry https://capitalallocators.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/10709315/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/48401462