Professional money managers can make mistakes with their money too
Are managers of large investment funds good investors on a personal level? Not necessarily, says Patrick Augustin, Associate Professor of Finance at 9I制作厂免费 Desautels. 鈥淭here can be a correlation, but also not,鈥� says Augustin. 鈥淚t鈥檚听very difficult听to beat the market, on average. We see people doing it, but it raises the question of is it luck, or is it skill?听That being said, we听can always limit mistakes. And financial education can help limit them.鈥澨齀n a recent episode of the Money Talks podcast, Augustin expands on these ideas while also discussing his role as Academic Director of the new听Master in Management of Finance听in Luxembourg.听
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