Erkko Etula on concentrated stock risk at Basis Northwest 2026
The cost of concentration
Basis Northwest 2026 is sold out.
Advisers arriving early to Basis Northwest: We may have a late lunch on Weds, May 27, 2026.
I’m excited to say that Erkko Etula of Brooklyn Investment Group (of Nuveen) is speaking at Basis Northwest!
I’ve known Erkko since the fall of 2023, right around the time Brooklyn launched balanced equity-muni portfolios on their platform.
Since then, Erkko and team (including Antti Petajisto, who will also be at Basis Northwest!) have patiently answered my portfolio and risk management questions and have been a key sounding board on active share, simulation methodology, and concentrated risk management.
For instance… Antti’s paper continues to be wildly popular whenever I write about it.
Read Antti’s paper, Underperformance of Concentrated Stock Positions.
I’m very excited to get into the weeds in just a couple of weeks.
See you in Seattle.
Happy Tues.