Patient Capital : The Challenges and Promises of Long-Term Investing - Victoria Ivashina

Patient Capital

The Challenges and Promises of Long-Term Investing

By: Victoria Ivashina, Josh Lerner

Paperback | 9 April 2021

At a Glance

Paperback


$45.25

or 4 interest-free payments of $11.31 with

 or 

Aims to ship in 15 to 25 business days

When will this arrive by?
Enter delivery postcode to estimate

There has never been a greater need for long-term investments to tackle the world's most difficult problems, such as climate change, human health, and decaying infrastructure. And it is increasingly unlikely that the public sector will be willing or able to fill this gap. If these critical needs are to be met, the major pools of long-term, patient capital including pensions, sovereign wealth funds, university endowments, and wealthy individuals and families will have to play a large role.

In this accessible and authoritative account of long-term capital investment, two leading experts on the subject, Victoria Ivashina and Josh Lerner, highlight the significant hurdles facing long-term investors and propose concrete ways to overcome these difficulties.

About the Authors

Victoria Ivashina is the Lovett-Learned Professor of Finance at Harvard Business School.

Josh Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School and the author of, among other books, Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed-and What to Do about It (Princeton).
Industry Reviews
'Few scholarly, well-researched books have been written on long-term private investing. Victoria Ivashina and Josh Lerner have undertaken a real public service in writing what will undoubtedly become the definitive book on the subject. My only regret in reading this book is that I did not write it.'
David Rubenstein Co-Founder and Co-Executive Chairman, The Carlyle Group

'The trees that are slowest to grow bear the best fruit,' Moli¨re says. And that is why this lucid and refreshing account of how to overcome the barriers to long-term investment deserves the attention of pension funds, insurers, sovereign wealth funds, and endowments. After all, the potential fruits are not just quality returns, but significant benefits to society.'
Dominique Senequier President, Ardian

More in Investment & Securities

Sort Your Property Out : And Build Your Future - John Pidgeon
The Intelligent Investor Third Edition - Benjamin Graham

RRP $36.99

$33.25

10%
OFF
The Algebra of Wealth : A Simple Formula for Success - Scott Galloway
Fundamentals of Investing : 14th Global Edition - Chad Zutter

RRP $139.95

$112.95

19%
OFF
Property Investing For Dummies : 3rd Australian Edition - Nicola McDougall