Mutual fund families are increasingly assigning traders to manage corporate bond mutual funds. Using this setting to study the role of traders in investment management, we document that trader managers identify and exploit short-term trading opportunities at lower transaction costs. These skills...

The bestselling book on Warren Buffett returns, with new insights on his continued successOften described as the greatest investor of all time, Warren Buffett grew a $100 investment in the late 1950s into an investment empire. In the process, he has become one of the wealthiest individuals in...

In der komplett überarbeiteten, dritten Auflage seines Bestsellers (über 1,2 Millionen verkaufte Exemplare) stellt Robert G. Hagstrom Warren Buffetts Investment-Methode vor und verdeutlicht sie anhand vieler Beispiele. Alle wichtigen Käufe in der Karriere von Warren Buffett werden skizziert...