000			03762cam a2200517 i 4500
001			20829955
003			0
005			20230908014416.0
008			190130s2019 njua b 001 0 eng d
010			_a 2019932655
020			_a9780691186733 _qhardcover
020			_a0691186731 _qhardcover
035			_a(OCoLC)on1059231917
040			_aYDX _beng _cYDX _erda _dBDX _dOCLCQ _dGZD _dOCLCF _dCLE _dYDXIT _dCHVBK _dOCLCO _dOCLCA _dCMI _dDLC
042			_alccopycat
050	0	0	_aHG4521 _b.I83 2019
082	0	4	_a332.6 _223
082	0	4	_a332.6
092			_20
100	1		_aIvashina, Victoria, _eauthor.
245	1	0	_aPatient capital [electronic resource]: _bthe challenges and promises of long-term investing / _cVictoria Ivashina and Josh Lerner.
264		1	_aPrinceton : _bPrinceton University Press, _c[2019]
300			_a1 digital resource (xiv, 247 pages) : _billustrations ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references (pages 215-238) and index.
505	0		_aThe need for investing long-term -- The most important people in the world -- The long-term conundrum -- Investing as if the long term mattered -- The genesis of private capital -- The fund manager's challenge -- Revisiting the private capital partnership -- The best (or worst) of both worlds -- The future of long-term investing.
520			_aHow to overcome barriers to the long-term investments that are essential for solving the worlds biggest problems There has never been a greater need for long-term investments to tackle the worlds most difficult problems, such as climate change 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 capitalincluding pensions, sovereign wealth funds, university endowments, and wealthy individuals and familieswill have to play a large role. In this accessible and authoritative account of long-term capital investment, two leading experts on the subject, Harvard Business School professors Victoria Ivashina and Josh Lerner, highlight the significant hurdles facing long-term investors and propose concrete ways to overcome these difficulties. Presenting the best evidence in an engaging way by using memorable stories and examples, Patient Capital describes how large investors increasingly want and need long-run investments that have the potential to deliver greater returns than those in the public markets. Yet success in such investments has been the exception. Performance has suffered from both the limitations of investors and the internal structure of their fund managers, often resulting in the wrong incentives and a lack of long-term planning. Yet the challenges facing long-term investors can be surmounted and the rewards are potentially large, both for investors and society as a whole. Patient Capital shows how to make long-term investment work better for everyone.
650		0	_aInvestments.
650		0	_aPortfolio management.
650		0	_aFinance, Personal.
650		7	_aFinance, Personal. _2fast _0(OCoLC)fst00924449
650		7	_aInvestments. _2fast _0(OCoLC)fst00978234
650		7	_aPortfolio management. _2fast _0(OCoLC)fst01072072
650		7	_aNachhaltigkeit _2gnd
650		7	_aInvestition _2gnd
650		7	_aLangfristige Finanzierung _2gnd
650		7	_aAnreizsystem _2gnd
700	1		_aLerner, Joshua, _eauthor.
887			_2CamTech Library
906			_a7 _bcbc _ccopycat _d2 _encip _f20 _gy-gencatlg
942			_2ddc _cEM _n0
999			_c1315 _d1315