Sometimes you like a book to the point that you would like to read it again, Came across an interesting extract from one of my favorite book Trader Guns and money, ..The fund managers had their own papal fashions which is called as investment styles,
Reference : The fund manager has give up trying to beat the market.
Style : Active Management
Meaning : The Fund manager picks up stock that willdo better than the market
Reference : The triumph of hope over experience. You the investor are paying for the experiment. Continue reading “The Investment Style”