What I learned from my three biggest mistakes as an investment manager

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

España Noticias Noticias

España Últimas Noticias,España Titulares

Over my career I’ve learned to not rely on self-described experts, that properly managed credit risk is beneficial and to not worry so much about shorter-term performance numbers

Tom Czitron is a former portfolio manager with more than four decades of investment experience, particularly in fixed income and asset mix strategy. He is a former lead manager of Royal Bank’s main bond fund.

I eventually learned that the current guru usually just benefited from survivor bias and good fortune. Even in a purely random game, some players will do exceedingly well for a period. Mean reversion inevitably sets in. Fortunately, I had older and much wiser bosses who prevented me from losing untold amounts of client money and destroying my career.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

✅Invest To Get A Good Result 💰 ✅Instant Payment And Withdrawal 💯 ✅Trading session 24/7 ✅Profit return Guarantee 💯 ✅Minimum investment $30

España Últimas Noticias, España Titulares