Join 📚 Lukas' Reading Highlights
A batch of the best highlights from what Lukas's read, .
What we most need are ways to know what is important and what is not important, what variables to focus on and which to pay less attention to—and we need ways to do this that can help groups or teams develop shared understanding.
The Fifth Discipline
Peter M. Senge
This process of diagnosing the challenge and then creating a response is the best theory we have for strategy creation.
The Crux
Richard P. Rumelt
For these products, scale is not necessary; it can erode the alpha production. Instead, these managers must invest in highly paid staff, research, idea generation, innovative solutions to existing problems, sophisticated use of derivatives, and good trade execution. What these managers lack in scale they make up for with highly priced investment products, typically with a large performance fee of 20% to 30% for outperformance.
CAIA Level I
Mark J. Anson PhD CFA and CAIA Association
...catch up on these, and many more highlights
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