For the Analyst: Peer Benchmarking Methods to Improve Earnings Forecasts
uttu Finding suitable peers for financial analysis is a vexing task that requires careful consideration of firms’ underlying economics,…
Investment
Factor Strategies Belong in Your Completion Portfolio Toolkit
The benefits of factor investing as stand-alone strategies are well documented. Less well known is the positive impact…
Book Review: The New World Economy in 5 Trends
Book Review: The New World Economy in 5 Trends: Investing in Times of Superinflation, Hyperinnovation and Climate Transition.…
Rethinking Retirement Planning Amidst Aging Demographic Frontiers
We are bearing witness to a remarkable demographic revolution in developed nations — the unprecedented aging of our…
Stocks for the Long Run? Setting the Record Straight
Editor’s Note: This is the final article in a three-part series that challenges the conventional wisdom that stocks…
Five Quotes from Financial History to Guide Trustees
On February 27, 2024, Investing in U.S. Financial History was published, capping off my exhaustive four-year effort to…
Monetary Policy and Financial Conditions: Meaningful Relationship?
After nearly two years of high interest rates, investors are anticipating rate cuts in the coming months. The…
Gold and Inflation: An Unstable Relationship
Does gold hedge inflation? On average the answer is no, empirically speaking. But gold’s relationship with inflation is…
What’s Your Client’s Optimal Equity Allocation?
Investment advisors may be overestimating the risk of equities for longer-term investors. We analyzed stock market returns for…
Book Review: A Wealth of Well-Being
A Wealth of Well-Being: A Holistic Approach to Behavioral Finance. 2024. Meir Statman. John Wiley & Sons. In…