Practical analysis for investment professionals 
The authors point out some troubling aspects of the US stock market resulting from its radical transformation over the past 15 years, culminating in the Flash Crash and the unintended consequences of reforms meant to increase market competition. They propose a few very specific rule changes as remedies. Read more
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John Bogle’s story is an oft-told tale, yet even Bogle junkies will learn some fascinating new facts from the latest book by the founder of the Vanguard Group. Every thoughtful investor can benefit from his wisdom, served up with refreshing modesty by a giant in a field notorious for outsized egos. Read more
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Topping the list of the most popular articles from the past month is another entry in our series on lie detection for investment professionals. Other top performers include articles on counterfactual thinking and the Manchester United IPO. Read more
Leave a Comment Jason Voss, CFA, provides a summary of the major research about lying and deceit behaviors, including a brief overview of dozens of research papers. Read more
9 CommentsThe Economist points out that corporations are more nimble than governments with regard to their financing. Because businesses are transnational entities, they can seek the lowest-cost domain for raising capital. Read more
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Top posts from last month included articles on lie detection skills, the Libor scandal, and the economics of Obamacare. Read more
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In order to detect lies and deceit a financial analyst needs to understand the basics. For example, in what contexts do people lie, and what types of people are more likely to lie or deceive? Read more
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The scandal surrounding Libor, the London Interbank Offered Rate, continues to sweep through global finance like wildfire — so much information, so little time for investment professionals to assess the facts. These seven recommended reads will help you home in on the essentials of this still-unfolding imbroglio concerning the global benchmark. Read more
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Top posts from last month included articles on JPMorgan Chase’s $2 billion loss, recent 13F filings, and the opportunities in frontier markets. Read more
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