Enterprising Investor Is Moving – CFA Institute Enterprising Investor
uttu Enterprising Investor is moving to CFA Institute Research and Policy Center (RPC) on March 23. You will continue…
Investment
The Music Has Stopped in Private Markets
Two Decades of Excess Investment is Trapped in Private Markets When the music stops, in terms of liquidity,…
When Analytical Tools Scale, First-Order Information Differentiates
Having built and overseen quantitative and technology-driven investment systems, we have seen how analytical edge erodes as tools…
How to hedge your bond bets in the face of oil-induced inflation
Key takeaways Oil price shocks from the war with Iran could drive inflation, keep borrowing costs elevated, and…
How Asset Allocation Is Changing in Core 401(k) Menus
Five Trends Shaping Asset Allocation in Core DC Menus Defined contribution plans have become a central pillar of…
Three ways to put your bonus to work
Key takeaways Bonuses can help you take a big leap forward with your money goals. But if a…
Backtests, Causality, and Model Risk in Quantitative Investing
Quantitative finance continues to debate the reliability and limits of model-driven investment strategies. One central question is how…
Investment Behavior Is a Design Problem, Not an Information Problem
For decades, the dominant explanation for low investment participation and suboptimal portfolio choices has been a lack of…
Rethinking Exit Multiples in High-Growth Company Valuations
What This Analysis Delivers A framework for deriving exit multiples from long-run growth, return, and discount rate assumptions…
The behavioral case for bonds
Key takeaways Bonds are loans investors make to companies, governments, and other entities in exchange for interest. Although…