Organizational Alpha: How to Add Value in Institutional Asset Management
| Author | : | |
| Rating | : | 4.31 (531 Votes) |
| Asin | : | 1541043677 |
| Format Type | : | paperback |
| Number of Pages | : | 90 Pages |
| Publish Date | : | 2015-01-08 |
| Language | : | English |
DESCRIPTION:
He is the author of the book A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan and is the author of the blog, A Wealth of Common Sense. . He has spent his career working with various nonprofit, institutional and high net worth clients to help them plan and invest their money wisely. About the Author Ben Carlson, CFA is the Director of Institutional Asset Management at Ritholtz Wealth Management
The problem is far too many organizations and funds fail to first understand whether or not they have what it takes to earn alpha or whether it even makes sense to try. • Document their investment process to cut down on unnecessary mistakes. • Define their overarching investment philosophy. • Understand the fiduciary duty and what constitutes a breach of that duty. This book will show institutional investors, board members, trustees, consultants and beneficiaries how the concept of organizational alpha can help them: • Recognize the importance of goals-based investing. • Understand the alternative investment landscape. • Appreciate the differences between foundations, endowments, and pensions. • Choose the right consultant or advisor to h
He has spent his career working with various nonprofit, institutional and high net worth clients to help them plan and invest their money wisely. Ben Carlson, CFA is the Director of Institutional Asset Management at Ritholtz Wealth Management. . He is the author of the book A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan and is the author of the blog, A Wealth of Common Sense
Extremely Valuable for Institutional Investors I did my master's thesis on endowment investing, and I wish this book was around at the time I wrote the paper. This book, alongside both works by David Swensen, is required reading for institutional investors. Here is the link to Swensen's works for you reference:https://amazon.com/David-F.-Swensen/e/B001H6NCExtremely Valuable for Institutional Investors Jon L. I did my master's thesis on endowment investing, and I wish this book was around at the time I wrote the paper. This book, alongside both works by David Swensen, is required reading for institutional investors. Here is the link to Swensen's works for you reference:https://amazon.com/David-F.-Swensen/e/B001H6NC42Unlike other works I've read on institutional investing (which simply offer a laundry list of investment strategies without detailing the risks inherent in them or the challenges of implementing them), Carlson spends a lot of time on the "how" of institutional investing. This is not a titillating listing of sexy-sounding . 2Unlike other works I've read on institutional investing (which simply offer a laundry list of investment strategies without detailing the risks inherent in them or the challenges of implementing them), Carlson spends a lot of time on the "how" of institutional investing. This is not a titillating listing of sexy-sounding . I loved reading this book M.M. Kerdel I loved reading this book. It is accurate, clear, true - and short, as it can be read in a couple of hours. The return on investing couple of hours could be amazing, if the lessons are properly implemented. Obviously that is easier said that done, as it goes against our human nature, career risk and all those other biases that stand between us and long-term investment success.The author does an outstanding job of describing what is really needed to achieve investment success for institutional investors. In my opinion, the lessons are applicable to individual investors as well.. Eli Yarborough said Great Read for the Individual and Organizational Alike. Chapter Great Read for the Individual and Organizational Alike Eli Yarborough Chapter 4 May be one of my favorite overviews of creating an investment process ever penned. Great book, well written. Great value per page & per $.. May be one of my favorite overviews of creating an investment process ever penned. Great book, well written. Great value per page & per $.