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612-822-4611
101/2 Lessons from Experience: Perspectives on Fund Management

101/2 Lessons from Experience: Perspectives on Fund Management

Hardcover

Investing & FinancePersonal Finance

Currently unavailable to order

ISBN10: 178816623X
ISBN13: 9781788166232
Publisher: Profile Books
Published: Apr 28 2020
Pages: 128
Weight: 0.45
Height: 0.80 Width: 4.60 Depth: 7.10
Language: English
In 101/2 Lessons from Experience, Paul Marshall distils the experience of 35 years of investing, including over 20 years at Marshall Wace, the global equity hedge fund partnership. He describes the disconnect between academic theory and market practice, in particular the reality and persistence of 'skill' - the continuing ability of the best practitioners to beat the market. But he also underscores the prevalence of uncertainty and human fallibility, showing how a successful investment management business must steer a path which recognises both the persistence of skill and the pitfalls of cognitive bias, human fallibility and hubris.

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