Mutual Fund Performance and Performance Persistence
Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lueckoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously under-performing funds back to average levels. These results have important implications for investors, investment management companies and regulators.
The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments(Only Audio)In The Little Book That Builds Wealth, author Pat Dorsey—the Director of Equity Research for leading independent investment research provider Morningstar, Inc.—reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics. Along the way, he skillfully outlines this proven approach and reveals how you can effectively apply it to your own investment endeavors.
You're desperate to land an interview with Goldman Sachs, Merrill Lynch, or Morgan Stanley, but their resume submission deadline is only days away, and you know hundreds of ?I-banking hopefuls are vying for a spot on those same crowded interview schedules. Will your resume stand out among the crowd? There's no way you have time to add another extracurricular club presidency to your repertoire, yet you can't even bear to look at your own resume for more than 10 seconds without your eyes glazing over. No worries. In this Insider Guide, WetFeet's career experts show you how to create or enhance your resume with maximum appeal for potential employers.
Eight Steps to Seven Figures: The Investment Strategies of Everyday Millionaires and How You Can Become Wealthy Too
Focuses squarely on the investing strategies and principles that ordinary people have used to achieve the million-dollar mark. CD-ROM. DLC: Portfolio management.
Why'd you fall for that Internet stock? Why do you always seem to buy high and sell low? Why does it look like everyone else is getting rich but you? As an investor, your emotions are your biggest obstacles -- cutting your returns, and raising your risks. Drawing on the new science of behavioral finance, Investment Madness will show you how to take control of your emotions -- and maximize your profits. Nofsinger shows how to think about your investments more clearly, without the overconfidence that leads many investors to take too many risks, and lower their returns.
