Diversifying style bias, discounting the discourse of doom and the worst policy error since the assassination of Archduke Franz Ferdinand led to the outbreak of WW1 Every Fund Manager has an inherent style bias in stock selection which - when rewarded by the stock market for a prolonged period - is often confused with investment genius. Experience of previous stock-market cycles should bring an understanding that any style bias cannot generate permanent outperformance indefinitely; that not all…
‘Diversifying style bias, discounting the discourse of doom and the worst policy error since the assassination of Archduke Franz Ferdinand led to the outbreak of WW1’
15 Jun 2020
Posted by Barry Norris