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No fear of being a lemon picker

Sebastian Evans cheerfully admits a client called him a lemon picker recently. He says it comes with the territory when a fund takes on risk when investors are risk-averse. But he’s only been picking lemons for a year. Evans, 26, is at the helm of NAOS Asset Management, a small-cap hedge fund that has had incredible success under his watch.

Mercedes Ruehl
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Sebastian Evans cheerfully admits a client called him a lemon picker recently. He says it comes with the territory when a fund takes on risk when investors are risk-averse.

But he’s only been picking lemons for a year. Evans, 26, is at the helm of NAOS Asset Management, a small-cap hedge fund that has had incredible success under his watch.

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    Original URL: https://www.afr.com/markets/equity-markets/no-fear-of-being-a-lemon-picker-20120901-j1wef