“What we have witnessed is a 10 standard deviation event”
“This didn’t show up in our backtest”
—
“The rise of passive investing and quantitative easing has materially distorted how markets function”
“Performance hasn’t been great”.
—
“Cognitive diversity is incredibly important to us”
“We have one woman on the team”.
Read more at https://behaviouralinvestment.com/2019/12/04/10-things-fund-managers-say-and-what-they-actually-mean
“This didn’t show up in our backtest”
—
“The rise of passive investing and quantitative easing has materially distorted how markets function”
“Performance hasn’t been great”.
—
“Cognitive diversity is incredibly important to us”
“We have one woman on the team”.
Read more at https://behaviouralinvestment.com/2019/12/04/10-things-fund-managers-say-and-what-they-actually-mean
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