Peter ElstonJan 1, 20074 minPaying the Price of OverconfidencePoor decision-making is largely to blame for the dreadful returns realised by US mutual fund investors. That is the conclusion of the...
Peter ElstonNov 1, 20065 minTheories Can’t Count Cost of RiskRisk. It's a word thrown around so frequently in the investment world there's risk-adjusted, systematic risk, specific risk, and we all...
Peter ElstonOct 1, 20064 minThink Before You Invest – Overconfidence is a KillerIn a November 2005 report, James Montier, the maverick global equities strategist for investment bank Dresdner Kleinwort Wasserstein in...