Meredith's firm practices low turnover (15-20% annually) but uses that activity advantageously by forcing themselves to sell something whenever they buy something, trimming the most expensive corners of the portfolio to buy the cheapest corners, which is a critical discipline that generates alpha.
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Speaker
Chris MeredithEvidence Quote
“We are very low turnover, 15, 20% a year... When I buy something, I'm forcing myself generally to sell something... I'm always trimming the most expensive corners of the portfolio to buy the cheapest corners of the portfolio”
Source
We Asked Chris Bloomstran Why He Won’t Own the S&P 500 At These Levels — And What He Does Instead— Excess ReturnsCreated: 8/12/2026, 6:13:17 PM
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