Conviction, Confidence, and Courage – The Challenges for an Active Manager
Posted on 09/19/2020
This article is sponsored by S&P Dow Jones Indices.
Never wish to show courage, a wise man once counseled; courage can be displayed only in circumstances where one’s natural instinct is to be afraid, and fear is an unpleasant emotion. This principle, with obvious qualifications, applies to investment management. Successful portfolio management can require holding positions when one’s natural instinct is to sell.
Learn more about the difficulties active managers pick and how they are hardly coincidental.
By clicking on the link to view the report, you acknowledge you are an institutional investor or other accredited investor.