101/2 Lessons from Experience

Informationen zum Autor Paul Marshall is chairman of Marshall Wace and of the management committee of CentreForum. Klappentext The nature of investing is that to be successful you need to constantly adaptThe nature of investing is that to be successful you need to constantly adapt. Zusammenfassung In 10½ 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.

Product details

• Authors: Marshall Paul, Paul Marshall
• Publisher: Profile Books
• Content: Book
• Product form: Hardback
• Publication date: 28.02.2020
• Subject: Social sciences, law, business > Business > Individual industrial sectors, branches
• EAN: 9781788166232
• ISBN: 978-1-78816-623-2
• Pages: 128
• Dimensions (packing): 12 x 18.4 x 1.7 cm
• Subjects: Finance, BUSINESS & ECONOMICS / Finance / Wealth Management, hedge fund, portfolio diversification, Fund Management, Finance and the finance industry, Financial theory, Investment; fund management; hedge fund; finance; financial theory; financial market practice; investment skill; concentrated portfolios; portfolio diversification; findamental investing; systematic investing; quantamental investing, systematic investing, findamental investing, concentrated portfolios, investment skill, quantamental investing, financial market practice