Found it on Ari Kiev's site.
http://www.arikiev.com/ariblog/index.php?entry=entry080703-150506
Excerpt:
Can investors create alpha by trading around positions, buying or selling to take advantage of price moves?
There’s no question that the whole point is to create alpha, and there are lots of ways to do it. And the reality is, if you have a
great idea, you may want to trade around the position a little bit. But I wouldn’t do it a lot, because ultimately, how many great
ideas does anybody really have? You’ve got to make a high-conviction bet when you feel like you have a great idea. That’s really the only way to outperform today.





posted by Jmoney
Jul 08, 2008 1:53PM
Oh man, lack of sleep is getting to me. This is an interview with Steve Cohen, not Schwarzman.
Sorry