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Ted Seides on the World’s Elite Money Managers

Masters in Business

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The Problem With Limiting an Assessment of Returns Only to Marking Conditions in the Moment

"Limiting an assessment of returns only to marking conditions in the moment fails to consider the wide range of possibilities of what might happen in the future," he says. "Not only is it filled with concerns of the recency effect, but you're also talking about probabilities of all the range of possible outcomes that there is no yes or no"

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