[ad_1] Posted In: Best Of, Careers, Drivers of Value, Economics, Equity Investments, Fixed Income, Future States, History & Geopolitics, Leadership, Management & Communication Skills, Performance Measurement & Evaluation, Philosophy, Portfolio…
[ad_1] “The thing that worries me most is an ETF providing an investor unintended exposures in their portfolio.” — Ashley Cooke, head of ESG solutions and passive, institutional client coverage,…
[ad_1] Posted In: Alternative Investments, Behavioral Finance, Best Of, Careers, Drivers of Value, Economics, Equity Investments, Fixed Income, Future States, History & Geopolitics, Leadership, Management & Communication Skills, Performance Measurement…
[ad_1] Meir Statman is, in the words of Arnold S. Wood, “an academic detective.” From his perch as the Glenn Klimek Professor of Finance at Santa Clara University, he has…
[ad_1] What do the coronavirus pandemic and the resulting market volatility have to teach us about risk, uncertainty, and investment decision making? Annie Duke and Morgan Housel explored this question…
[ad_1] In his introduction to Let’s All Learn How to Fish . . . to Sustain Long-Term Economic Growth by Michael S. Falk, CFA, Laurence B. Siegel observes that economics…
[ad_1] Posted In: Alternative Investments, Best Of, Coronavirus, Drivers of Value, Economics, Equity Investments, Fixed Income, History & Geopolitics, Leadership, Management & Communication Skills, Performance Measurement & Evaluation, Portfolio Management,…
[ad_1] Aswath Damodaran determined early on not to treat the COVID-19 crisis like previous market shocks. As the pandemic unfolded, he could see how it was developing and realized it…
[ad_1] “Today’s investors need to understand geopolitical trends as a main driving force of markets.” — Joachim Klement, CFA Joachim Klement, CFA, has emerged over the last decade as one…
[ad_1] “Every system is perfectly designed to get the results it gets.” — Attributed to Paul Batalden Dan Heath credits the inspiration for his latest book, Upstream, to a single…
[ad_1] Eric Sim, CFA, does not have a “neat” career trajectory. His professional path has had more than its share of forks, pivots, failures, and rebirths. And that idiosyncratic track…
[ad_1] To mark Enterprising Investor’s 10th anniversary, we have compiled retrospectives of our coverage of the most critical themes in finance and investing over the last decade. Much of the…
[ad_1] Posted In: Best Of, Careers, Coronavirus, Drivers of Value, Economics, Equity Investments, Fixed Income, Future States, History & Geopolitics, Leadership, Management & Communication Skills, Performance Measurement & Evaluation, Philosophy,…
[ad_1] “We are living in a Big Data World and no single analyst or team of analysts can capture all the information on their positions.” — Dan Joldzic, CFA Big…
[ad_1] “There’s one aspect of MMT that I have some sympathy for: the notion that what we spend money on is far more important than how we finance it.” —…
[ad_1] Posted In: Best Of, Careers, Coronavirus, Drivers of Value, Economics, Equity Investments, History & Geopolitics, Leadership, Management & Communication Skills, Performance Measurement & Evaluation, Philosophy, Portfolio Management, Risk Management,…
[ad_1] “After the automotive bubble, we had bubbles in aviation and radio; then, in the 1960s, the electronics boom; and various others later on. You can always look back and…
[ad_1] “Some form of money or bonds has always had that hedge property — yet, over 3,000 years of history . . . nominal yields have always been positive until…
[ad_1] “If we thought of the equity premium as a fear premium — if we had the luxury of going back 60 years and labeling it a fear premium —…
[ad_1] What are the keys to a successful finance career? Eric Sim, CFA, has thought about that question a lot. As a university lecturer and author, he had to give…
[ad_1] “I see evidence of mean reversion over time horizons from 3 years up to 15 years. It’s similar to business cycles having turned from 4-year cycles into 10-year cycles.…
[ad_1] “How many here think the next 10-year equity returns are going to be below the long-run average? I certainly do. Is there anyone here who doesn’t?” — Jeremy Siegel…