A Member of the CFA Institute Global Network of Societies
This event will be in recognition of the Putting Investors First campaign
During the past 25 years, the investment management culture has changed. Asset gathering is the primary goal for many and benchmark/peer risk is deemed to be more important than capital risk: a fool's errand indeed. These attitudes have not served investors well. As such, it will not only harm investors but it will eventually result in permanent damage to the investment management business. The corrective action: Renew the commitment to fiduciary responsibilities and focus on fundamental investing. There is no substitute for simply doing the work necessary to analyze a company's business, financials, management effectiveness, and to determine the value of the stock. Investors and investment managers who adhere to these principles will be rewarded handsomely.
Many thanks to David Slegh, CFA, chair of the Advocacy and Public Awareness Committee, and his talented team of volunteers and interns who tackled this important Society project.
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