Reasons to Pass

Reasons to Pass PDF Author: Ralph Birchmeier
Publisher: Columbia University Press
ISBN: 0231556802
Category : Business & Economics
Languages : en
Pages : 463

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Book Description
Confidence and conviction are the keys to success in asset management. Analysts projecting these traits become more likely candidates for promotion; clients gravitate to portfolio managers who radiate assurance about future performance. However, these qualities do a disservice to optimal decision making and long-term investment performance. The future is too complex to justify such levels of confidence. In Reasons to Pass, the seasoned practitioner Ralph Birchmeier argues that an optimal portfolio-building strategy means patiently waiting for the few investments worthy of capital allocation. He outlines the principles required for success then examines specific reasons to pass on investments, detailing behavioral biases that disrupt optimal decision making. Although professional and retail investors alike are tempted by various opportunities, the wisdom of experience proves the value of prudence. An investing strategy built to last requires humility and the willingness to accept uncertainty; most of the time, it’s best to pass. Reasons to Pass brings investing back to the basics, helping readers navigate the complexity of the financial landscape and bringing clarity to the investment process. By underscoring the perils of overconfidence and the importance of humility, this book offers invaluable new perspective on investing for the long term.

Reasons to Pass

Reasons to Pass PDF Author: Ralph Birchmeier
Publisher: Columbia University Press
ISBN: 0231556802
Category : Business & Economics
Languages : en
Pages : 463

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Book Description
Confidence and conviction are the keys to success in asset management. Analysts projecting these traits become more likely candidates for promotion; clients gravitate to portfolio managers who radiate assurance about future performance. However, these qualities do a disservice to optimal decision making and long-term investment performance. The future is too complex to justify such levels of confidence. In Reasons to Pass, the seasoned practitioner Ralph Birchmeier argues that an optimal portfolio-building strategy means patiently waiting for the few investments worthy of capital allocation. He outlines the principles required for success then examines specific reasons to pass on investments, detailing behavioral biases that disrupt optimal decision making. Although professional and retail investors alike are tempted by various opportunities, the wisdom of experience proves the value of prudence. An investing strategy built to last requires humility and the willingness to accept uncertainty; most of the time, it’s best to pass. Reasons to Pass brings investing back to the basics, helping readers navigate the complexity of the financial landscape and bringing clarity to the investment process. By underscoring the perils of overconfidence and the importance of humility, this book offers invaluable new perspective on investing for the long term.

Passing

Passing PDF Author: Nella Larsen
Publisher: Alien Ebooks
ISBN: 166762265X
Category : Fiction
Languages : en
Pages : 159

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Book Description
Harlem Renaissance author Nella Larsen (1891 –1964) published just two novels and three short stories in her lifetime, but achieved lasting literary acclaim. Her classic novel Passing first appeared in 1926.

Official Reports of the Debates of the House of Commons of the Dominion of Canada

Official Reports of the Debates of the House of Commons of the Dominion of Canada PDF Author: Canada. Parliament. House of Commons
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 1330

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Book Description


Advances in Experimental Political Philosophy

Advances in Experimental Political Philosophy PDF Author: Matthew Lindauer
Publisher: Bloomsbury Publishing
ISBN: 1350254274
Category : Philosophy
Languages : en
Pages : 289

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Book Description
Political philosophy asks questions of great importance to our lives, both as individuals and members of political communities: What is justice? What does the state owe to its citizens? Under which conditions are different forms of government likely to be stable? The relevance of empirical research to such questions, however, has been largely underexplored. Introducing experimental political philosophy as a burgeoning field of inquiry, this volume brings together leading scholars using empirical methods to shed light on questions of justice and politics, and encourages them to reflect on the relationship of their methodologies to less empirically-focused approaches. Chapters cover traditional topics including distributive justice, egalitarianism, property rights, and healthcare justice, as well as outlining new directions and applications, such as the problem of misogynistic extremist movements, the public justification of immigration enforcement, and the relationship between gender norms and support for care labor organizing. The result is a unique collection that paves the way for further debates in the field and meaningful reflection on what it means for political philosophy to be empirically informed.

Federal Register

Federal Register PDF Author:
Publisher:
ISBN:
Category : Delegated legislation
Languages : en
Pages : 504

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Book Description


The Parliamentary Debates

The Parliamentary Debates PDF Author: Great Britain. Parliament. House of Lords
Publisher:
ISBN:
Category : Great Britain
Languages : en
Pages : 618

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Book Description


Kant's Little Prussian Head and Other Reasons Why I Write: An Autobiography in Essays

Kant's Little Prussian Head and Other Reasons Why I Write: An Autobiography in Essays PDF Author: Claire Messud
Publisher: W. W. Norton & Company
ISBN: 1324006765
Category : Literary Collections
Languages : en
Pages : 304

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Book Description
A glimpse into a beloved novelist’s inner world, shaped by family, art, and literature. In her fiction, Claire Messud "has specialized in creating unusual female characters with ferocious, imaginative inner lives" (Ruth Franklin, New York Times Magazine). Kant’s Little Prussian Head and Other Reasons Why I Write opens a window on Messud’s own life: a peripatetic upbringing; a warm, complicated family; and, throughout it all, her devotion to art and literature. In twenty-six intimate, brilliant, and funny essays, Messud reflects on a childhood move from her Connecticut home to Australia; the complex relationship between her modern Canadian mother and a fiercely single French Catholic aunt; and a trip to Beirut, where her pied-noir father had once lived, while he was dying. She meditates on contemporary classics from Kazuo Ishiguro, Teju Cole, Rachel Cusk, and Valeria Luiselli; examines three facets of Albert Camus and The Stranger; and tours her favorite paintings at Boston’s Museum of Fine Arts. In the luminous title essay, she explores her drive to write, born of the magic of sharing language and the transformative powers of “a single successful sentence.” Together, these essays show the inner workings of a dazzling literary mind. Crafting a vivid portrait of a life in celebration of the power of literature, Messud proves once again "an absolute master storyteller" (Rebecca Carroll, Los Angeles Times).

Causalism

Causalism PDF Author: Carolina Sartorio
Publisher: Oxford University Press
ISBN: 0192874721
Category : Philosophy
Languages : en
Pages : 135

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Book Description
In this volume, Carolina Sartorio makes the case for big-picture causalism: a naturalistic conception of agency and free agency that unifies the two phenomena under a common thesis. This is the thesis that actions/free actions are behaviors that have the right kinds of causes or explanations. The book discusses how a causalist view of action and free action fit together--the latter as a natural extension of the former--and how they are motivated by similar considerations having to do with causal control. The result is a compelling "package deal" view of our practical agency, one that is put forth as the default view (the view that deserves to be regarded as the starting point of our theorizing). Sartorio examines both the skeleton of the causalist view as well as potential enrichments that result from exploiting the grounds of the relevant causal facts. The discussion is enriched by an account of the role played in causalism by key metaphysical notions such as causation, grounding, absences, and powers.

The Distance Between Us

The Distance Between Us PDF Author: Reyna Grande
Publisher: Simon and Schuster
ISBN: 1451661800
Category : Biography & Autobiography
Languages : en
Pages : 384

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Book Description
In this inspirational and unflinchingly honest memoir, acclaimed author Reyna Grande describes her childhood torn between the United States and Mexico, and shines a light on the experiences, fears, and hopes of those who choose to make the harrowing journey across the border. Reyna Grande vividly brings to life her tumultuous early years in this “compelling...unvarnished, resonant” (BookPage) story of a childhood spent torn between two parents and two countries. As her parents make the dangerous trek across the Mexican border to “El Otro Lado” (The Other Side) in pursuit of the American dream, Reyna and her siblings are forced into the already overburdened household of their stern grandmother. When their mother at last returns, Reyna prepares for her own journey to “El Otro Lado” to live with the man who has haunted her imagination for years, her long-absent father. Funny, heartbreaking, and lyrical, The Distance Between Us poignantly captures the confusion and contradictions of childhood, reminding us that the joys and sorrows we experience are imprinted on the heart forever, calling out to us of those places we first called home. Also available in Spanish as La distancia entre nosotros.

The American and English Annotated Cases

The American and English Annotated Cases PDF Author:
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1798

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Book Description