Comments on: On hiring talent based on IQ and academic qualifications only

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By: Risks inherent in mutual funds | Book of Wise Investors

Risks inherent in mutual funds | Book of Wise Investors — Sun, 14 Feb 2010 02:07:51 +0000

[...] Even institutional investors like Sovereign wealth funds got buy at the top and sell at the bottom, and got one happen all the time, which by right should not have happened as they are supposed to have the resources to hire top talents with first class honours degree from renowned colleges around the world, though it is most probably because of them turning to an army of yes man like the case for Lehman Brothers. [...]

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