| 101/2 Lessons from Experience: Perspectives on Fund Management Contributor(s): Marshall, Paul (Author) |
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ISBN: 178816623X ISBN-13: 9781788166232 Publisher: Ips - Profile Books OUR PRICE: $14.39 Product Type: Hardcover Published: April 2020 |
| Additional Information |
| BISAC Categories: - Business & Economics | Investments & Securities - Portfolio Management - Business & Economics | Investments & Securities - Stocks - Business & Economics | Personal Finance - Investing |
| Physical Information: 0.8" H x 4.6" W x 7.1" (0.45 lbs) 128 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |