FT商学院

Investing is a long-term game, but hours can matter too

Poor execution of trades can kill returns when markets are volatile

Who says equality wasn’t a thing 30 years ago? When I first began as a portfolio manager my colleagues were evenly split between Cambridge and Oxford graduates. Can’t be fairer than that.

And our trading desk more than ticked the diversity box. An eccentric mix of characters and backgrounds it was — sitting smack in the middle of the office. When not at lunch, orders were shouted and phones slammed.

What did they do? And who cares anyway, you might ask. Well, they were crucial to our fund performance. Likewise, your retirement portfolio is reliant on traders to this day — even if more is automated now.

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