How the Stock Market, Wall Street and Institutional Investors work (CALSTRS example)
Channel: Value Investing with Sven Carlin, Ph.D.
Date: 2019-01-28

How the Stock Market, Wall Street and Institutional Investors work could be the title of Chapter 3 of the Margin of Safety by Seth Klarman. We discuss the California State Teachers Retirement System (CalSTRS) as an example, the own investments institutional managers make, how the clients behave and 10 issues for institutional money managers:-)