NEW YORK, May 8, 2013 /PRNewswire/ -- Credit Suisse's newly formed Global Financial Strategies Group announced the release of its inaugural publication entitled, "Cultivating Your Judgment Skills – A Framework for Improving the Quality of Decisions." Authored by Michael Mauboussin, Head of Global Financial Strategies, the report's goal is to provide investors tools and guidance to improve decisions on a day-to-day basis.
Michael Mauboussin recently rejoined Credit Suisse as a Managing Director and Head of Global Financial Strategies in the Investment Banking division. In his new role, Mr. Mauboussin provides thought leadership and strategy guidance to Credit Suisse clients in the areas of valuation and portfolio positioning, capital markets theory, competitive strategy analysis, and decision making.
The inaugural report "Cultivating Your Judgment Skills" is based on the premise that thoughtful investing requires having some view of the future. Examining a number of studies and frameworks on the topic of good judgment, the report concludes that sound decision-making requires:
- Understanding causality
- Effectively incorporating information from past events to understand present prospects
- Updating probabilities correctly based on the new arrival information
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts