Capital Allocators – Inside the Institutional Investment Industry cover image

[REPLAY] Sarah Samuels – Framework and Rigor at NEPC (EP.264)

Capital Allocators – Inside the Institutional Investment Industry

CHAPTER

Distinguishing Skill from Luck in Investment Management

This chapter explores advanced quantitative tools for analyzing investment manager performance, highlighting the difference between luck and skill in generating returns. It also discusses the importance of second level thinking, risk management, alignment of interests, and cohesive communication within investment firms.

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