{"id":2180,"date":"2006-02-13T09:01:07","date_gmt":"2006-02-13T09:01:07","guid":{"rendered":"http:\/\/zmetro.com\/?p=2180"},"modified":"2006-02-13T09:01:07","modified_gmt":"2006-02-13T09:01:07","slug":"seven_sins_of_f","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=2180","title":{"rendered":"Seven Sins of Fund Management"},"content":{"rendered":"<p><a href=\"http:\/\/bigpicture.typepad.com\/comments\/2006\/02\/seven_sins_of_f.html\">Barry Ritholtz<\/a>:<\/p>\n<blockquote><p><i><\/p>\n<p>There is a terrific PDF (warning &#8212; its 105 pages) on the <a href=\"http:\/\/www.trendfollowing.com\/whitepaper\/Seven_Sins_o-DrKW-100436-N.pdf\">Seven Sins of Fund Management<\/a>. It is a behavioural critique by James Montier, the Global Equity Strategist of Dresdner Kleinwort Wasserstein, and its full of all sorts of smart observations, backed up with data and charts.<\/p>\n<p>I haven&#8217;t read prior work of Mr. Montier &#8212; but this PDF made me interested in his book, &quot;<a href=\"http:\/\/www.amazon.com\/exec\/obidos\/ASIN\/0470844876\/thebigpictu09-20\/102-1793806-1323309\">Behavioural Finance: A User&#8217;s Guide<\/a>.&quot; <\/p>\n<p>I may be&nbsp; referencing parts of the PDF in the future, but if you want an overview, here are the <u><strong>7 Deadly Sins<\/strong><\/u>:&nbsp; <\/p>\n<blockquote>\n<p>Sin 1 Forecasting <br \/>The folly of forecasting: Ignore all economists, strategists &amp; analysts <br \/>Do analysts understand value: who is the greater fool?<\/p>\n<p><\/i><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Barry Ritholtz: There is a terrific PDF (warning &#8212; its 105 pages) on the Seven Sins of Fund Management. It is a behavioural critique by James Montier, the Global Equity Strategist of Dresdner Kleinwort Wasserstein, and its full of all sorts of smart observations, backed up with data and charts. I haven&#8217;t read prior work [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,35],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2180"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2180"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2180\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}