Just Stick to Your Rules - Evidence From the Financial Crisis
The first article I have written (1), is a concise summary of the book about the same subject: the parallel between investment management and business management. The idea is simple; in business management as in investment management managers are continuously seduced by information, new products, new market opportunities and other ideas and possibilities that come from the outside. In business management managers often hold on to a strategic plan which they design and continuously evaluate. In investment management, the manager may have a similar plan that guides him or her through the market developments. ...
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