Chapter
Insights on Portfolio Management and Belief Systems
The hit rate for portfolio managers is typically around 55-65 percent, with their slugging percentage being a determining factor of success. The importance of questioning belief systems and their opposite and the impact of such beliefs on emotions are also discussed.
Clips
The interviewee reflects on his experience meeting author and speaker, Byron Katie, and comments on his close relationship with portfolio managers as a chief investment officer within a large firm.
48:09 - 53:39 (05:30)
Summary
The interviewee reflects on his experience meeting author and speaker, Byron Katie, and comments on his close relationship with portfolio managers as a chief investment officer within a large firm.
ChapterInsights on Portfolio Management and Belief Systems
Episode#362: Graham Duncan — Talent Is The Best Asset Class
PodcastThe Tim Ferriss Show
The key to becoming a successful portfolio manager in the financial markets is developing objectivity in your decision making, being aware of your biases, and actively seeking out disconfirming evidence.
53:39 - 56:13 (02:34)
Summary
The key to becoming a successful portfolio manager in the financial markets is developing objectivity in your decision making, being aware of your biases, and actively seeking out disconfirming evidence. This can help increase your hit rate and overall success in the field.