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27 Posts

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The Yield Curve, Recessions, and Monetary Policy Blunders: EI Podcast Highlights

We are three months away from the longest yield curve inversion-to-recession period. Will Cam Harvey's famous recession indicator hold? Highlights from EI podcast.

Meir Statman: Your State of Mind Influences Your Investing Success

Meir Statman shares his insights on the broader aspects of financial well-being and its interconnection with life satisfaction.

A Mixed Outlook? The Banking Sector and Its Three Key Drivers

To understand the mid- to long-term outlook for the banking sector, we need to understand the key drivers at work in the industry today.

Mindy Lubber: A Sustainability Story

Climate risk is financial risk, according to Mindy Lubber.

How Unconscious Bias in Our Brain Counteracts Diversity

Mental shortcuts are useful for handling information overload, but consciously structuring your decision process can make bad or ineffective outcomes less likely.

How Do You Define Yourself?

Frederic P. Lebel, CFA, discusses how CFA Institute approaches the objective of making its members feel proud and recognized for being charterholders.

Women in Finance Need to Be Proactive

“Our industry lags most others in terms of attracting, retaining, and advancing women, and that’s a problem for all of us,” says the president and CEO of Charles Schwab Investment Management.

The Role of Institutional Investors in Curbing Corporate Short-Termism

Institutional investors are the majority owners of most publicly traded companies but allow activist hedge funds with smaller positions to push through corporate changes. Robert Pozen argues that institutional investors should actively participate to ensure that the outcome promotes long-term growth instead of temporary price spurts.

Book Review: Asset Rotation

Although the author’s argument heralding the demise of modern portfolio theory (MPT) seems weak, he offers a compelling argument for active management. Using exchange-traded funds (ETFs) and asset rotation, he demonstrates how to achieve a return superior to that of a passively managed fund that relies on MPT and index funds. Asset Rotation may well be a harbinger of an “investment renaissance” and the end of passive management.