Cohesion is critical to investment management success |
Douglas Isles | Platinum Asset Management | 20 February 2019 | 0.50 CE |
Stars are celebrated yet funds management is a team pursuit. Behavioural finance tends to focus on individuals' biases, but teams' behaviour determines results. Research from business and sport shows stable teams produce better outcomes. Rather than focussing on individual skill and experience, more attention needs to be given to how teams are built. Purity of shared experience is especially... |
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