Smart Money ≠ High Returns
Motley Fool Money
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Navigating Investment Strategies: Lessons from Endowments
This chapter explores financial metrics and their impact on company valuations, with a focus on Harvard's endowment fund performance. It emphasizes the challenges institutional investors face in balancing returns and volatility, while contrasting their approaches with the flexibility of individual investors. The discussion highlights the importance of self-reflection and temperament in making informed investment decisions.
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