CFA Institute takes a new look at short-termism in the report Short-Termism Revisited: Improvements Made and Challenges in Investing for the Long-Term. The numbers don’t lie.
The complaint that financial markets are too… READ MORE ›
Diversification is one of the most fundamental yet misunderstood concepts in investment management. I will begin with a basic and hopefully intuitive discussion of the principles of diversification and the mechanics by which it works. Then, I will provide a… READ MORE ›