If I pick A Winning Manager, Aren’t I Likely To Beat The Market?
Recently in New Zealand a few star managers have had brilliant runs easily outperforming markets since inception. Why on earth would an investor not want to use these funds for their New Zealand share allocation? We have a lot of respect for what star performers have done. It’s not easy to produce e...
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2014-11-01
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Series: | Applied Finance Letters |
Online Access: | https://ojs.aut.ac.nz/applied-finance-letters/article/view/25 |
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doaj-3a2fde0a5a4e423dbfef87024a295d442020-11-25T01:22:06ZengTuwhera Open Access PublisherApplied Finance Letters2253-57992253-58022014-11-013210.24135/afl.v3i2.25If I pick A Winning Manager, Aren’t I Likely To Beat The Market?Ben Brinkerhoff0Consilium NZRecently in New Zealand a few star managers have had brilliant runs easily outperforming markets since inception. Why on earth would an investor not want to use these funds for their New Zealand share allocation? We have a lot of respect for what star performers have done. It’s not easy to produce exceptional performance. But for all their glory, the websites of the star performers provide us with the answer to the question… “Past performance is no guarantee of future returns.” When asked a question about a star investment manager we typically respond with a question of our own that goes something like this, “Would you believe that this is a very well-studied issue?”https://ojs.aut.ac.nz/applied-finance-letters/article/view/25 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Ben Brinkerhoff |
spellingShingle |
Ben Brinkerhoff If I pick A Winning Manager, Aren’t I Likely To Beat The Market? Applied Finance Letters |
author_facet |
Ben Brinkerhoff |
author_sort |
Ben Brinkerhoff |
title |
If I pick A Winning Manager, Aren’t I Likely To Beat The Market? |
title_short |
If I pick A Winning Manager, Aren’t I Likely To Beat The Market? |
title_full |
If I pick A Winning Manager, Aren’t I Likely To Beat The Market? |
title_fullStr |
If I pick A Winning Manager, Aren’t I Likely To Beat The Market? |
title_full_unstemmed |
If I pick A Winning Manager, Aren’t I Likely To Beat The Market? |
title_sort |
if i pick a winning manager, aren’t i likely to beat the market? |
publisher |
Tuwhera Open Access Publisher |
series |
Applied Finance Letters |
issn |
2253-5799 2253-5802 |
publishDate |
2014-11-01 |
description |
Recently in New Zealand a few star managers have had brilliant runs easily outperforming markets since inception. Why on earth would an investor not want to use these funds for their New Zealand share allocation? We have a lot of respect for what star performers have done. It’s not easy to produce exceptional performance. But for all their glory, the websites of the star performers provide us with the answer to the question… “Past performance is no guarantee of future returns.” When asked a question about a star investment manager we typically respond with a question of our own that goes something like this, “Would you believe that this is a very well-studied issue?” |
url |
https://ojs.aut.ac.nz/applied-finance-letters/article/view/25 |
work_keys_str_mv |
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