The invisible hands - Jared Diamond

Question: What is the difference between a Peruvian peasant farmer and a Harvard or Yale endowment manager? Answer: The peasant is the one who understands risksensitive investing and sound investment goals.
Jared Diamond from the Foreword of The Invisible Hands ; Professor of Geography and Environment Health Sciences, UCLA; Pulitzer Prizewinning author of Guns, Germs, and Steel Praise For the Invisible Hands "Drobny does it again!"
Jim Rogers , author of A Gift to My Children "While many are too busy trying to determine what just happened, the insights of these Invisible Hands provide a valuable forwardlooking road map for managing institutional portfolios. With trillions at stake for our societys pensions, endowments, and foundations, this book offers important lessons for any fiduciary charged with stewarding assets for future generations."
Michael K. Barry , Chief Investment Officer, University System of Maryland Endowment "Anyone looking for a better understanding of how to invest in turbulent waters will benefit from this guided tour of the experiences of smart and creative money managers over the last couple of years. Pick up a copy and enjoy!"
Arminio Fraga , Founding Partner, Gvea Investimentos, and formerpresident of the Central Bank of Brazil "Drobnys pathbreaking work analyzes the deficiencies of real money investors and proposes antidotes gleaned from the techniques of top macro hedge fund managers."
Dr. John Porter , Managing Director, Global Portfolio and Liquidity Management, Barclays Capital "Once again Drobny taps the most influential minds in investing to unearth some decidedly uncommon wisdom and candid revelations. The Invisible Hands maps out the winners and losers, empowering readers to navigate the transformation of the money management industry currently in full swing."
John Brynjolfsson , CIO of Armored Wolf, and former portfolio manager of the $80 billion PIMCO Real Return practice "As a money manager, I found this book tremendously insightful, in that it challenges longheld assumptions aboutand more recently adopted approaches tothe management of real money. As a taxpayer, I found its contents terrifying."
Rishi Narang , CIO, Telesis Capital, author of Inside the Black Box