Return of the Active Manager

"Wow! I expected a terrific book from Howard and Voss, but ROAM knocked me back. It's a once-a-decade genre-defining must-have-on-every-investor's-bookshelf type of book. Read this and your wealth (and life!) will be wiser and smoother for it." --Richard L. Peterson M.D., author of 'Inside the Investor's Brain' (Wiley, 2007) and CEO of MarketPsych

"Advisors - drop everything and read this book!" --Barbara Stewart, CFA, Barbara Stewart, Author of the Rich Thinking series of white papers on women and finance

"Voss and Howard shine a practical light on the massive opportunity that exists for truly active fund managers in this day and age - if they are willing to focus on identifying and mitigating their own behavioral biases, in addition to exploiting those of other market participants. It's a must-read for all next-generation fund managers." --Clare Flynn Levy, Founder & CEO, Essentia Analytics

"The book offers a convincing alternate view to look at active investment management and is a must for asset owners, irrespective of asset class, and wealth professionals." --Biharilal Deora, FCA, CFA, CIPM, Director, Abakkus Asset Manager

"Even as a decades-long trend toward passive investing continues without any signs of slowing, mounting evidence shows many active fund managers have superior performance that will likely improve as indexation increases. This book provides the very timely service to readers of synthesizing several of the key insights and findings from this recent evidence and providing actionable principles for identifying profitable investments in the actively-managed fund space." --Andrew Detzel, Assistant Professor of Finance, Daniels College of Business, University of Denver

"The book "Return of the Active Manager: How to apply behavioral finance to renew and improve investment management," puts forth fresh ways in which investment managers can use behavioral principles to push the envelope in active portfolio management. Tom and Jason have combined their extensive knowledge and direct experience to create a standout. Managers and advisors should delight in the fact this exceptionally capable duo has written a comprehensive book about behavioral investment management specifically for them." --Richard Lehman, Adjunct Professor of Behavioral Finance, UC Berkeley Extension and founder of BehavioralFinance.com

"If you do not believe in active management, please read this book, it will challenge you to think differently about it. If you are a believer, please read this book, it will provide you with entirely new insights to work with. I just wish this book had been written 20 years ago, I may have had a more successful career in investment management." --Prasad Ramani, CFA, FRM, CAIA, CEO, Syntoniq