Sins of Fund Management - II

In our last issue, we highlighted the first three of the seven sins of fund management, as described by James Montier, Global Equity Strategist with Dresdner Kleinwort Wasserstein. Here are the other four, starting with the biggest problem with the fund management business -- the assumption that a fund manager can out-smart the market.

Sin 4: Thinking you can out-smart everyone else (Envy)

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