Updated Friday, August 29, 2014 as of 4:09 PM ET

12 Steps to Fix Your Firm's Investment Committee

Too many investment committees fall into common traps like chasing performance and groupthink, instead of learning how groups can think effectively, says Tom Brakke, an Excelsior, Minn.-based chartered financial analyst who helps organizations make better investment decisions.

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Comments (1)
A very apt piece of advice indeed. The purpose of the committee is to brainstorm and come up with different ideas and it is therefore obvious that you need people from different backgrounds and different mental makeup to be a part of the committee. I also agree that a meeting should be more productive than contributing to FOG. Everybody needs to avoid it at all costs.
Posted by tasha123 s | Wednesday, January 22 2014 at 8:38AM ET
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