1. Obsessing about past investment performance is costing you future profits

    Obsessing about past investment performance is costing you future profits

    In his new book, “The Tyranny of Metrics,” history professor Jerry Z. Muller argues that investors’ obsession with using quantified metrics for performance assessment can lead to a focus on the wrong things. To satisfy this “quantification addiction,” people focus on those things that can be quantified but are unimportant, while marginalizing those that are not quantitatively measurable but are truly important.

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