March 1, 2017

Anthony Hilton: Investment shouldn’t just be about profit

The asset management industry needs a philosophy. If it continues to claim that it is a process-driven science whose sole purpose is to increase the wealth of investors, it has a problem because there are more efficient ways to do that. Investors would be better off using their money to finance a top-seeded poker player.

Think about it. The returns of a top poker player run at approximately 55%, and they never have to worry about prolonged bear markets.

Read the full article on the Evening Standard