Above The Fray: Creating Serenity

Above The Fray: Creating Serenity by Jeffrey Stacey, Stacey Muirhead Capital Management

[buffett]

Since I began my career as a professional investment manager, I have always spent time thinking about what inputs are necessary to create an ideal environment for optimal investment decision making. While this topic has been getting more attention from investment managers and their clients in recent years, it is still not given enough attention by most in my judgement. While this blog will only scratch the surface of this important issue, let me start by saying that creating an ideal environment involves both external considerations as well the ability for a manager to show some discipline over his or her internal behaviour. While there are...