Robert Gowen, CFA, is Head of Product Solutions at CFA Institute, where he oversees a team of content directors that contribute daily to Enterprising Investor. Prior to joining CFA Institute, he worked in the institutional investment industry for BB&T and Fidelity Investments. Gowen earned a BA in economics from Washington University in St. Louis and an MBA from the Darden School at the University of Virginia.
Lag time, accounting rules, and dollar-for-dollar mapping challenges make research and development spending tough to evaluate, and yet it is central to the analyst’s understanding of some firms. Read more