Mauboussin – the short version

An MBA student fortunate enough to follow Michael Maboussin’s lectures jotted down the key messages in this blog by Frederica Zaldua. To give a flavour: “Investment outcomes combine skill and luck. Acknowledge the substantial role of luck. We’re all aware of it, but we still underestimate its significance.” In my view, Michael Mauboussin should be required reading for institutional investors, especially “More Than You Know: Finding Financial Wisdom in Unconventional Places”. Importance of design and implementation of the investment process over outcome is still a novel concept in the investment industry, and rarely taught in classrooms and post graduate investment analyis courses

About Alfred Slager

Alfred Slager is professor of pension fund management at TiasNimbas Business School, and director of CentER Appplied Research at the Tilburg School of Economics and Management. His expertise includes international financial services, with a particular interest in investment management and pension funds. He regularly teaches courses to investment managers and pension fund trustees. Prior to this he worked as Chief Investment Officer at Stork Pension Fund, as investment strategist and policy advisor at PGGM Investments, and as manager research and investment manager at Fortis Investments. Slager regularly publishes on pension and investment management subjects and teaches executive courses for pension fund trustees.
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