101/2 Lessons from Experience
Perspectives on Fund Management
Published on 28. February 2020
Book
Hardback
128 pages
978-1-78816-623-2 (ISBN)
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.
Reviews / Votes
A diverse and entertaining work. [Paul] has an extraordinary ability to source a good idea from a hundred different places... There are plenty of reasons why we should be interested in hearing what Paul Marshall has to say. -- Christopher Walker * Investment & Pensions Europe * What a brilliant book...way overdue! Serious investors need to read this! -- Dambisa Moyo, author of * Dead Aid * Hedge fund titan charts a Quantamental future. * Bloomberg * A bit of a gem. -- Patrick Hosking, Financial Editor * The Times * A radical challenge to conventional wisdom on how modern financial markets operate. -- Dame Minouche Shafik, Director of London School of Economics A terrific read....essential reading for portfolio managers. -- Jonathan Tepper, author of * The Myth of Capitalism *More details
Edition
Main
Language
English
Place of publication
London
United Kingdom
Publishing group
Profile Books Ltd
Target group
College/higher education
Professional and scholarly
Product notice
Trade binding
Dimensions
Height: 177 mm
Width: 122 mm
Thickness: 22 mm
Weight
194 gr
ISBN-13
978-1-78816-623-2 (9781788166232)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
03/2020
Profile Editions
€11.49
Available for download
Person
Paul Marshall is CIO, Chairman and co-founder (with Ian Wace) of Marshall Wace LLP, one of the world's leading hedge funds. Marshall Wace was established in 1997 and has won multiple awards for hedge fund performance. It has offices in London, New York, Hong Kong, Shanghai and Istanbul.