Still Misperceived? A Fresh Look at Bitcoin Volatility
uttu Perception does not always match reality. We suspected this may be the case when it comes to the…
Investment
The Interplay Between Cap Rates and Interest Rates
The relationship between capitalization rates (cap rates) and interest rates is more nuanced than first meets the eye.…
Private Markets’ Governance: A New Era
Private markets’ meteoric growth since the Global Financial Crisis has attracted the attention of regulators around the world,…
Book Review: My Value Creation Journey
My Value Creation Journey: An Autobiography of My Work. Bartley J. Madden. 2023. Bartley J. Madden Foundation. My…
What Is Systems Thinking? A Primer with Applications for Sustainable Investing
Dynamic and “emergent” complex systems. can be found everywhere from ecosystems to economies to our underlying biology. By…
Concerned About Market Concentration and Lofty Valuations? Consider Small Caps
If you are wringing your hands over large-cap stocks due to high market concentration and lofty valuations, allocating…
Is the Outright Ban on a US Central Bank Digital Currency (CBDC) a Mistake?
Last month, the US House of Representatives passed a bill banning the Federal Reserve from issuing a central…
From Ivory Tower to Investment Toolbox: Why Research Matters
Some of the most powerful tools in today’s investment playbook started as academic arguments. But they didn’t reshape…
Behavior of Crowds not Wisdom of Crowds
The efficient market hypothesis (EMH) says that active equity management is a waste of time. Because stock prices…
Did Inflation Kill the CAPM?
Pim van Vliet, PhD, is the author of High Returns from Low Risk: A Remarkable Stock Market Paradox,…