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The book explores the behavior of mutual fund managers, who play a crucial role in global equity trading and retirement savings. It addresses the lack of a comprehensive understanding and theory regarding their performance, highlighting the paradox of why well-equipped and experienced managers struggle to outperform the market. This examination sheds light on a significant issue in finance, questioning the effectiveness of institutional trading practices.
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Applied Investment Theory, Les Coleman
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- Année de publication
- 2017
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