Sentences with phrase «justify holding the asset»

Not exact matches

Mr. Cates says at Southeastern Asset Management requires each of its analysts and portfolio managers to run a paper portfolio and to justify any differences between their paper holdings and the firm's real - world bets.

«Much like the laws of physics change from the world of Newtonian large objects to the world of quantum Einsteinian dynamics, so too might low interest rates at the zero - bound reorient previously held models that justified the stimulative effects of lower and lower yields on asset prices and the real economy.»

Economically, the low Sharpe ratios of illiquidity - factor - mimicking portfolios were hard to justify for an investor, which is puzzling, as theory suggests investors should demand a risk premium for holding less - liquid assets.

3 — Diworsification refers to the tendency for asset managers to hold an excessive number of funds (10 +) that gives the appearance of doing something superior when the reality is that this often times simply results in higher fees and the illusion of justifying those high fees.