American equities analyst and author Barry Ritholtz writes about money-wasting financial models that have managed to survive the decades.
Think fund managers and names such as George Soros (whose 2013 earnings was in excess of $4-billion) and David Tepper ($3.5-billion) spring to mind.
The best way to maximise long-term investment returns is to get the mix of assets correct.
Fund managers have to be proficient in the art of ensuring benchmark beating returns.
Research on the subject is limited but there are several pointers you can use.
South African fund manager Kokkie Kooyman was last week named the top global fund manager in the financial category by <i> Investment Week</i>.
Surprisingly, there are striking similarities between successful fund managers and professional poker players.
