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10½ Lessons from Experience
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10½ Lessons from Experience : Perspectives on Fund Management

Main

Book Details

Format Hardback or Cased Book
ISBN-10 178816623X
ISBN-13 9781788166232
Edition Main
Publisher Profile Books Ltd
Imprint Profile Editions
Country of Manufacture GB
Country of Publication GB
Publication Date Feb 28th, 2020
Print length 128 Pages
Weight 208 grams
Dimensions 12.10 x 18.70 x 2.10 cms
Product Classification: Finance
Ksh 2,000.00
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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.
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.

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