Book review: Charles Ellis’s Rethinking Investing offers timeless lessons on savings, index funds, and long-term investing success. The post Book Review: Rethinking Investing: A Very Short Guide to Very Long-Term Investing appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
In a world where supply chains are vulnerable, rare earths are more than a commodity story. They are a portfolio strategy for managing geopolitical risk. The post The Geopolitical Hedge Investors Overlook: Rare Earths appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Investors can cut through the hype: 5 critical conversations reveal whether asset managers’ AI improves performance or masks old strategies. The post 5 Conversations to Test Whether Your Asset Manager’s AI Adds Value appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Private equity’s leverage, opacity, and continuation vehicles raise systemic risks that may erode returns and complicate portfolio management. The post Private Capital and Systemic Risk appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Why MENA’s markets remain fragmented, and what integration could mean for investors, growth, and regional opportunity. The post The MENA Investment Puzzle: Why Regional Integration Still Eludes Capital Markets appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Why did puttable bonds vanish? This piece explores the gap between rights and power, and why markets rejected a contract without control.| CFA Institute Enterprising Investor
Nonprofit portfolios underperform. A clear investment philosophy may be the key to breaking the cycle.| CFA Institute Enterprising Investor
Explore Mike Harmon's expert guide to financial restructuring tools, distressed debt, and bankruptcy strategies for investors and practitioners. The post Book Review: The Financial Restructuring Tool Set appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Uncover how idle capital distorts private equity returns and why measuring what’s actually put to work gives investors a truer picture of performance.| CFA Institute Enterprising Investor
How is GenAI-generated synthetic data helping investment teams simulate markets, boost sentiment models, and extend insight beyond real-world limits? The post How GenAI-Powered Synthetic Data Is Reshaping Investment Workflows appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
How over-diversification and redundant active management created a monstrous inefficiency in US public pension investing—at taxpayers’ expense. The post Frankenstein’s Index Fund appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
No asset is truly safe. But diversifying into steady, low-volatility stocks can help investors lose less—and stay invested for the long run.| CFA Institute Enterprising Investor
For global investors, the signal is clear: Africa’s moment is here. The only question is, will you be part of building it? The post Private Markets, Public Promise: Africa’s Investment Inflection Point appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Surprise, surprise. Contrary to conventional wisdom, the bond market may be taking its risk cues from equities. At least, that appears to be the case when fluctuations in the two major volatility indices are compared. Equity investors often look to the CBOE Volatility Index (VIX) as a gauge of fear or future uncertainty in the […] The post Volatility Signals: Do Equities Forecast Bonds? appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Explore historical bear markets to decode recession risk, valuation impact, and which investment styles perform best in downturns and recoveries.| CFA Institute Enterprising Investor
AI disruption, portfolio shifts, and timeless lessons—these blogs topped the charts in Q2.| CFA Institute Enterprising Investor
Phillip Toews challenges traditional portfolio construction, helping advisors build resilient strategies and coach clients through risk and bias.| CFA Institute Enterprising Investor
Can capitalism save the planet? Tom Steyer makes the case in this urgent, optimistic roadmap to a net-zero future.| CFA Institute Enterprising Investor
Explore red flags in private markets as speculative excess, retail marketing, and valuation risks mount. Lessons from financial history.| CFA Institute Enterprising Investor
Investors betting on a near-term plunge in interest rates may be mistaking political theater for monetary policy reality. President Donald Trump’s renewed pressure on Federal Reserve Chair Jerome Powell has stirred speculation in the bond and futures markets. But history — and Powell’s own posture — suggest that such expectations are misplaced. Past confrontations between […]| CFA Institute Enterprising Investor
This post explores the growing wave of financial distress among US healthcare providers and reveals how financial governance failures can quickly erode investor value.| CFA Institute Enterprising Investor
Explore a new approach to replicating private equity returns with daily liquidity, combining futures, dynamic asset allocation, and risk management overlays.| CFA Institute Enterprising Investor
Discover how advanced AI prompting and model selection are reshaping investment analysis—and why mastering these tools is essential for staying competitive.| CFA Institute Enterprising Investor
Finance teams play a vital role in cross-border healthcare M&A. This blog offers a framework for driving integration success through strategic finance.| CFA Institute Enterprising Investor
History, valuation metrics, and macro conditions point to an approaching comeback for small-cap stocks.| CFA Institute Enterprising Investor
In light of the uncertainty dominating today’s markets and headlines, it’s worth revisiting some of the behavioral pitfalls that have tripped up investors for centuries.| CFA Institute Enterprising Investor
For financial analysts and investors, the rise of defense spending in Europe is more than a policy shift -- it’s a structural re-rating of risk and opportunity across the continent.| CFA Institute Enterprising Investor
The year is unfolding beneath the weight of mounting geopolitical risks and structural divergences, The challenge for investors isn’t just to react, but to interpret, prepare, and adapt.| CFA Institute Enterprising Investor
Rebalancing may help portfolios stay on target, but its predictability comes at a cost.| CFA Institute Enterprising Investor
Endowments heavily invested in alternatives are falling well behind low-cost indexed portfolios.| CFA Institute Enterprising Investor
This quarter's top reads reveal what's capturing the attention of investment professionals.| CFA Institute Enterprising Investor
Modern portfolio theory has taught professional investors the benefits of diversification. Maybe it is time to diversify in a more intentional way to reduce extreme market concentration.| CFA Institute Enterprising Investor
This book highlights a cross-section of issues relevant to the current state of alternative investments.| CFA Institute Enterprising Investor
Quality of Earnings: By approaching financials with this sharper lens, analysts can not only anticipate problems but also identify opportunities that align with long-term value creation.| CFA Institute Enterprising Investor
From mean variance optimization to net worth optimization. We no longer need to ask which is more important, the client’s attitude toward risk or the client’s capacity to take on risk.| CFA Institute Enterprising Investor
The dynamics of global capital flows are shifting. While the overall IPO market contracted last year, a closer look paints a more nuanced picture.| CFA Institute Enterprising Investor
This book digs into Buffett’s pre-Berkshire investments. The result is a fresh look into the origins of his investment approach.| CFA Institute Enterprising Investor
The debate over the inclusion of private investments in 401(k) plans is a hot topic. Are DC plans better off without them?| CFA Institute Enterprising Investor
As complex ML models become more prevalent in investment management, their tendency to overfit to specific historical conditions poses a growing risk to investment outcomes.| CFA Institute Enterprising Investor
Financial success depends on disciplined saving and investing, not fancy investment products and high returns.| CFA Institute Enterprising Investor
Does Germany's massive fiscal package mark the beginning of a lasting regime change or just another chapter in market volatility?| CFA Institute Enterprising Investor
By classifying products into commodity, luxury, or hybrid models, investors can identify durable competitive advantages.| CFA Institute Enterprising Investor
Investment professionals must carefully consider how shareholder loans and intangible assets influence financial ratios, as these factors materially shape the post-buyout financial landscape.| CFA Institute Enterprising Investor
Modeling climate risk remains one of the most challenging endeavors in risk management today.| CFA Institute Enterprising Investor
Navigating FX market volatility requires more than traditional analysis. Liquidity-aware models and machine learning techniques can provide an edge in detecting and forecasting abnormal returns.| CFA Institute Enterprising Investor
Hedge funds can serve as legitimate diversifiers, but blind allocation is risky. Traditional risk measures like standard deviation and correlation don’t always capture the full picture.| CFA Institute Enterprising Investor
Does the PEG ratio provide meaningful insights for broad market trends?| CFA Institute Enterprising Investor
As the PE landscape evolves, investment professionals must understand how to correctly capture the full picture of a portfolio company’s performance.| CFA Institute Enterprising Investor
How can we design a financial system that integrates AI with human intelligence?| CFA Institute Enterprising Investor
As family offices continue to expand, those who understand their complexities will be well-positioned to lead the next era of wealth management.| CFA Institute Enterprising Investor
Real assets' first test in modern times started in 2021. Did they perform as hoped?| CFA Institute Enterprising Investor
Skill and alpha are scarce and difficult to obtain in the hedge fund market.| CFA Institute Enterprising Investor
Understanding the historical context of financial markets is crucial for investment professionals seeking to make informed decisions in today’s complex landscape. This exploration of historical dat…| CFA Institute Enterprising Investor
Discover how cutting-edge academic research becomes real-world investment strategy and explore award-winning insights from the Hillsdale–CFA Society Toronto Research Award.| CFA Institute Enterprising Investor
DFA’s David Booth on building portfolios—and an industry—on data, not dogma.| CFA Institute Enterprising Investor
Singapore’s proposal to democratize private markets signals a shift in retail investing—raising opportunities and risks for investors, managers, and regulators.| CFA Institute Enterprising Investor
Search funds stand out as a valuable alternative asset class, offering diversification, alpha potential, and operational upside in underserved markets.| CFA Institute Enterprising Investor
Private credit's accelerated growth raises critical questions about liquidity, transparency, and systemic risk.| CFA Institute Enterprising Investor
Think +1,000-bps high yield spreads are history? Marty Fridson shows why they could still hit that mark in the next recession.| CFA Institute Enterprising Investor
Learn how tariff-related inflation shocks ripple through markets—and which assets have historically helped investors navigate the turbulence.| CFA Institute Enterprising Investor
The US downgrade won’t upend markets—but it may reshape sovereign risk models and investor assumptions. Here’s what to watch next.| CFA Institute Enterprising Investor
What 150 years of market data reveal about tariffs, growth, and investment returns—and how equity factors have historically delivered resilience.| CFA Institute Enterprising Investor
This collection of quotes from US financial history offers timeless lessons in vice, virtue, and investing wisdom for every generation.| CFA Institute Enterprising Investor
Oxford professor Ludovic Phalippou challenges the private equity status quo in a candid discussion on performance, transparency, and the future of the industry.| CFA Institute Enterprising Investor
A leaked AI system prompt reveals hidden biases in Claude’s outputs. What every investment professional should know about using LLMs effectively.| CFA Institute Enterprising Investor
Successful investing isn’t just about numbers. It’s about aligning strategy with the stories people believe about their future.| CFA Institute Enterprising Investor
Commemorating Warren Buffett’s legacy and the Financial Analysts Journal’s 80th Anniversary through the lens of the award-winning article, “Buffett’s Alpha.”| CFA Institute Enterprising Investor
The headlines say active management is dead—but it’s quietly reshaping itself into SMAs, model portfolios, and personalized strategies wrapped in passive clothing.| CFA Institute Enterprising Investor
Mark Rieder’s Reminiscences of a Bond Operator is a hands-on guide to corporate bond analysis, fixed-income portfolio construction, and navigating today’s evolving private credit landscape.| CFA Institute Enterprising Investor
Discover how new US tariffs could accelerate AI adoption, reshape American industry, and unlock long-term investment opportunities amid economic disruption.| CFA Institute Enterprising Investor
Here’s a curated look at where institutional investing is under strain—and where forward-looking strategies offer paths to improve performance, oversight, and alignment.| CFA Institute Enterprising Investor
As the equity risk premium declines, alpha becomes critical. Discover how investors can adapt through factor strategies and global diversification.| CFA Institute Enterprising Investor
Can generative AI eliminate post-earnings announcement drift (PEAD) — or just reshape it? Explore how this emerging technology could redefine market efficiency.| CFA Institute Enterprising Investor
Note to financial advisors: It’s time to embrace the norm effect and rethink how we influence investment decisions.| CFA Institute Enterprising Investor
Endowments have long been considered elite investors, but outdated strategies and skyrocketing costs are eroding their edge| CFA Institute Enterprising Investor
Insitutional investors who have doggedly pursued active management should heed the advice of tennis great Bill Tilden: “Never change a winning game; always change a losing one.”| CFA Institute Enterprising Investor
Rather than running away from illiquidity, investment professionals, investors, and regulators alike should recognize its potential benefits and consider a more balanced approach.| CFA Institute Enterprising Investor
To understand what private equity is at its worst is a call to action, personally and professionally.| CFA Institute Enterprising Investor