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    Marshall, P: 101/2 Lessons from Experience: Perspectives on Fund Management

    Beschreibung Marshall, P: 101/2 Lessons from Experience: Perspectives on Fund Management. 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.



    Buch Marshall, P: 101/2 Lessons from Experience: Perspectives on Fund Management PDF ePub

    Paul Marshall (investor) - Wikipedia ~ In 2020 he published 10½ Lessons from Experience: Perspectives on Fund Management, a personal reflection on lessons learned from a career in fund management. The Times newspaper described the book as “a bit of a gem” [35] and a Bloomberg review welcomed its examination of cognitive bias, the use of data and systematic strategies by successful fund managers. [36]

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