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Professional money managers can make mistakes with their money too

Published: 27 November 2025

Are managers of large investment funds good investors on a personal level? Not necessarily, says Patrick Augustin, Associate Professor of Finance at 秀色直播 Desautels. 鈥淭here can be a correlation, but also not,鈥 says Augustin. 鈥淚t鈥檚聽very difficult聽to beat the market, on average. We see people doing it, but it raises the question of is it luck, or is it skill?聽That being said, we聽can always limit mistakes. And financial education can help limit them.鈥澛營n a recent episode of the Money Talks podcast, Augustin expands on these ideas while also discussing his role as Academic Director of the new聽Master in Management of Finance聽in Luxembourg.聽

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