Home Value Investing Why Fund Managers Underperform: Part III

Why Fund Managers Underperform: Part III

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Part three of our video blog series explores one way fund managers cope with the pressures and uncertainties of global financial markets: by telling stories. Combining the vast amount of information they have into stories allows managers to simplify their message, whilst simultaneously leaving out uncomfortable facts. It’s a way of convincing themselves, and making sense of what they do. Featuring David Tuckett, visiting professor at University College London and Professor Richard Taffler from Warwick Business School.

See: Why Professional Money Managers Underperform Part II

Fund managers video embedded below

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