From Tweets to Trades: The Hidden Risks of Social Media in Investing
In the realm of finance, cognitive biases profoundly influence investor decision-making. Among these biases, confirmation bias remains particularly pervasive. Confirmation bias is the inclination to favor information that aligns with…
Wall Street’s Latest Flood: Private Credit
“Once a majority of players adopts a heretofore contrarian position, the minority view becomes the widely held perspective.”[i] DAVID SWENSEN, late CIO of the Yale Investments Office Over the past…
Unlocking Stock Market Success: Why You Should Embrace the Skew
When we talk about stock returns, most people assume that individual stocks should yield positive returns. That’s because the stock market has historically outperformed other asset classes like bonds. But…
AI’s Game-Changing Potential in Banking: Are You Ready for the Regulatory Risks?
Artificial Intelligence (AI) and big data are having a transformative impact on the financial services sector, particularly in banking and consumer finance. AI is integrated into decision-making processes like credit…
Book Review: Resistance Money: A Philosophical Case for Bitcoin
Resistance Money: A Philosophical Case for Bitcoin. 2024. Andrew M. Bailey, Bradley Rettler, and Craig Warmke. Routledge. “Bitcoin is for criminals. It’s a tool for terrorists, drug dealers, and hackers, and a…
The Alternative Investment Gender Gap: Marketing to Female Clients
Why do men allocate twice as much of their assets to alternative investments as women do? That’s one of the questions I asked 52 successful investors around the world for…
Happy 60th Anniversary CAPM! Why the Capital Asset Pricing Model Still Matters
When someone hears I’m currently writing the authorized biography of William (Bill) Sharpe, the most frequent question I get is, “Is he still alive?” Sharpe is the 1990 recipient of…
An Industry in Transition: AI Top of Mind in 2024 Asset Manager Survey
Artificial intelligence (AI) was the most raised issue in the past 12 months among asset manager respondents to the annual Index Industry Association (IIA) member survey. Sustainable investing, thematic investing,…
Are Institutional Investors Meeting Their Goals? Spotlight on Earnings Objectives
Public pension funds allocate on average 30% of their assets to expensive alternative investments and as a result have underperformed passive index benchmarks by 1.2% per year since the Global…
Investment Opportunities in Mexico | CFA Institute Enterprising Investor
Mexico has become an increasingly attractive destination for investors. The country boasts several economic advantages, particularly its proximity to the United States. It’s also home to a youthful population that…