Enterprising Investor
Practical analysis for investment professionals

What the Market Knows That WACC Doesn’t

Market-implied discount rates reveal how investors price risk, often diverging from WACC and reshaping capital decisions.

Attention Bias in AI-Driven Investing

AI tools may favor popular stocks over overlooked ones, embedding attention bias into investment decisions.

Social Security Claiming Strategies for High-Net-Worth Clients

Social Security claiming is a capital-allocation decision for affluent clients. This analysis weighs taxes, longevity risk, and liquidity trade-offs.

Evolving Your Wealth Management Practice for 2026 and Beyond

Wealth management’s 2026 outlook: growth will hinge on transparency, integration, and relevance to women and next-generation investors.

AI Is Reshaping Bank Risk

AI is exposing the limits of legacy bank controls, making governance quality critical to resilience and investor confidence.

What Makes an Ideal Leveraged Buyout Candidate?

In competitive PE markets, successful LBOs depend on durable business models, recurring cash flows, defensible market positions, and disciplined target selection.

Rethinking Household Asset Allocation Under Capital Constraints

Leveraged ETFs aren’t about more risk, they’re about using less capital to achieve a desired risk profile in household portfolios.

Stockholm’s Capital Markets Success: More Than Meatballs

Stockholm’s capital-market success reflects more than IPOs and PE activity. It offers a case study in how culture, institutions, and incentives shape durable capital formation.

Where AI Ends and Investment Judgment Begins

AI’s growing capabilities challenge traditional investment skill, shifting competitive advantage toward governance, process, and judgment.

Three Risks of Relying on the S&P 500 in Retirement Planning

Why S&P 500 reliance can undermine retirement outcomes, and how diversification, valuation discipline, and withdrawals reshape long-term portfolio risk.