In this the final chapter, Klarman discusses the various avenues individual investors may exercise in managing their investments. Klarman argues that investing properly is a full-time job, and that it would be very difficult for individual investors to manage their own money if they have other employment. This leaves them two options:
- Do they manage their own money in parallel with their clients'?
- Has the size of the portfolio grown exceedingly large?
- What is the investment philosophy of the manager? Does it make long-term sense?