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Money managers and mutual funds

Author: Don Christensen; Louis Rukeyser
Publisher: [Nashville, Tenn.] : Knowledge Products, [2006]
Series: Secrets of the great investors.; Audio classics series.
Edition/Format:   eAudiobook : MP3 : Document : EnglishView all editions and formats
Summary:
Money managers have served pharaohs, kings, emperors, popes, and merchant traders - and now are available to average investors. One of the most significant modern developments in money management was the creation of the "Prudent man rule" in 1830, setting a standard that managers must "conduct themselves honestly and discreetly and carefully." A major distinction between types of money managers is between the  Read more...
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Details

Genre/Form: Audiobooks
Downloadable audio books
Additional Physical Format: (OCoLC)71200692
Material Type: Document, Audio book, etc., Internet resource
Document Type: Internet Resource, Computer File, Sound Recording
All Authors / Contributors: Don Christensen; Louis Rukeyser
ISBN: 0786165251 9780786165254
OCLC Number: 78212247
Notes: Downloadable audio file.
Title from: Title details screen.
Unabridged.
Duration: 2:49:01.
Performer(s): Read by Louis Rukeyser.
Details: Requires OverDrive Media Console (WMA file size: 40493 KB; MP3 file size: 79342 KB).; Mode of access: World Wide Web.
Series Title: Secrets of the great investors.; Audio classics series.
Responsibility: Donald J. Christensen.

Abstract:

Money managers have served pharaohs, kings, emperors, popes, and merchant traders - and now are available to average investors. One of the most significant modern developments in money management was the creation of the "Prudent man rule" in 1830, setting a standard that managers must "conduct themselves honestly and discreetly and carefully." A major distinction between types of money managers is between the 'pass-through intermediary, ' who bears no risk on the client's behalf, vs. the 'risk-taking intermediary, ' who guarantees certain results and pays the consequences for non-performance.

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