Top 10 blogs from Q3 reveal what investors read most: a private market reckoning, Fed pivots, and the resilience of low-volatility strategies. The post Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Five forces shaping investor sentiment in 2025: AI hype, rising fees, market timing, behavioral traps, and renewed focus on discipline. The post From AI FOMO to Fee Fatigue: Investor Sentiment 2025 appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Explore how culture, ideology, and group norms influence economic behavior in ways that go beyond standard behavioral finance models. The post Book Review: Irrational Together appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Hong Kong's IPO market reasserts its role as the gateway for Mainland China listings, offering investors new access but persistent concentration risk. The post Hong Kong’s IPO Boom: Gateway or Risk Trap for Investors? appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Quantum computing is closer than you think. Future-proof your firm’s security today to stay resilient in the quantum era and safeguard data. The post Quantum Computing Risks: How Investment Firms Can Protect Data Now appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Readers and investors will learn how to turn charitable giving into a strategy to save on taxes, maximize charitable impact, and give smarter. The post Book Review: The Tax-Smart Donor: Optimize Your Lifetime Giving Plan appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Markets can mimic peacock mating as flashy signals seduce capital while real economic fitness risks are ignored until reality bites. The post Financial Selection and Investor Herding: Lessons from Evolutionary Biology appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Tokenized money market funds promise faster settlement and flexibility but face hurdles in scale, regulation, interoperability, and true market adoption. The post Tokenized Money Market Funds Emerge, Piloted by Industry Big Whigs appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
ECB credibility holds: despite post-COVID inflation swings, long-term euro expectations remain anchored, easing pressure for overly restrictive policy.| CFA Institute Enterprising Investor
Digital assets are reshaping portfolios, challenging valuation models, and pressuring regulators—from cryptocurrencies to stablecoins. The post Book Review: Digital Assets: Pricing, Allocation and Regulation appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
EBITDA can mask CAPEX risks. Monitoring capital allocation is key to spotting whether investments create cash flow or quietly drain value. The post Hiding in Plain Sight: Accounting for Capex appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
As AI transforms investment management with powerful tools for decision making, it still exposes markets to cognitive, regulatory, and systemic risks. The post AI in Investment Management: 5 Lessons from the Risk Frontier appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
As policymakers weigh semiannual earnings, data suggest quarterly reports still give investors vital insight. The post Quarterly Earnings: Signal vs. Noise, Cost vs. Benefit appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
History of Fed easing cycles shows how cuts, hikes, and yield curves shape markets and style factors, offering late-cycle lessons for investors. The post When the Fed Cuts: Lessons from Past Cycles for Investors appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Emotional biases can distort risk profiling. Advisors who coach investors through them help build resilience and better long-term outcomes. The post Coaching Investors Beyond Risk Profiling: Overcoming Emotional Biases appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Private credit funds with ties to local European markets can look to underserved lower mid-market enterprises to generate alpha.| CFA Institute Enterprising Investor
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
Lincoln’s leadership lessons offer timeless guidance for investors and advisors alike. The post Abraham Lincoln’s Playbook: A Model for Passive Investment Strategy 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
Stablecoins now hold hundreds of billions of dollars of US Treasuries, linking crypto sentiment to safe-haven bonds and adding a new layer of risk for investors. The post Stablecoins and Treasuries: A Fragile Funding Link Investors Can’t Ignore appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
From tokenized FX trades to stablecoin transfers, blockchain’s shift from pilot to practice is changing how capital moves across borders. The post Blockchain in FX and Remittances: From Pilot to Portfolio Impact 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
26 August 2025| CFA Institute Enterprising Investor
What a US sovereign wealth fund means for markets: state-backed capital reshaping risks and opportunities across key industries. The post Intel, TikTok, and a US Sovereign Wealth Fund: What It Means for Investors appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Finance rewards those who adapt, not those who cling to formulas. Master fundamentals, embrace changes, and let adaptability be your compass. The post Adapt to Lead: Career Lessons from Kam Shing Kwang, CFA appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Key risk indicators help investment teams spot trouble early and stay aligned with strategy, making risk a tool for performance The post Navigating the Future of Risk Functions: Key Risk Indicators appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
This memoir, written by one of the most decorated research analysts in recent decades, will appeal to all finance practitioners and energy industry specialists. The post Book Review: Can’t Deny It appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
AI is reshaping portfolio construction. A real-world case study shows how machine learning enhances allocation, risk control, and performance. The post It’s Not Just What You Own, It’s How Much: Machine Learning and the Portfolio Construction Imperative appeared first on CFA Institute Enterprising Investor.| CFA Institute Enterprising Investor
Nonprofit portfolios underperform. A clear investment philosophy may be the key to breaking the cycle.| CFA Institute Enterprising Investor
What makes most investors believe that private capital funds are such clear outperformers? The use of since-inception internal rate of return (IRR) as the industry’s preferred performance metric and the media’s coverage of the sector are to blame.| 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
Can the shape of market moves predict FX stress? This post explores a new path-based approach to forecast volatility and manage currency risk.| 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
This chatbot-style tool allows investment analysts to query complex research materials in plain language without ever exposing sensitive data.| CFA Institute Enterprising Investor
Timely insights on portfolio risk, inflation hedging, and market cycles—grounded in financial history and written for investment decision-makers.| 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
Investment professionals can’t opt out of complexity, but they can opt into clarity.| 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
The market has stopped applauding good intentions and started testing whether companies can withstand the world's mess.| 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
This book fills a unique gap between the CFA curriculum and the growing demand to find model-driven investment management solutions.| 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
In our interconnected world, geopolitical events — ranging from trade disputes and regulatory shifts to conflicts and pandemics — capture headlines and influence market sentiments. As investment professionals, it’s crucial for us to understand these dynamics without losing sight of long-term client objectives. At CFA Institute, our role is clear: we educate financial professionals. We […]| 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
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
Explore a Bayesian approach to investing that updates beliefs with data, manages risk, and identifies market mispricing.| 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
Penman and Pope refine classic value investing through the lens of financial statements.| CFA Institute Enterprising Investor
Explore how AI is reshaping investment management through augmentation, strategic insight, explainability, and evolving investor competencies.| CFA Institute Enterprising Investor
D3 RINs reveal clean fuel bottlenecks and investor risks as tight supply, rising mandates, and policy shifts drive up prices in the energy transition.| CFA Institute Enterprising Investor
Private credit's accelerated growth raises critical questions about liquidity, transparency, and systemic risk.| CFA Institute Enterprising Investor
This post examines the potential consequences of coordinated dollar depreciation today -- from FX volatility and insurance risk to broader macroeconomic impacts.| CFA Institute Enterprising Investor
From Europe’s steelmakers to global EV producers, "pet industries" rely on state support to survive, but as political winds shift, their future looks increasingly fragile.| 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
Women investors are redefining alternatives with bold leadership, values-driven decisions, and long-term impact.| 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
