James Montier* White Paper:
Seven Sins of Fund Management
James Montier explores some of behavioral weaknesses in the investment process .. "Seven sins (common mistakes) were identified. The first was placing forecasting at the very heart of the investment process. An enormous amount of evidence suggests that investors are generally hopeless at forecasting. So using forecasts as an integral part of the investment process is like tying one hand behind your back before you start."LINK HERE to download in PDF - may need Scribd account
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