investment strategy
Investors want what Meir Statman calls “utilitarian benefits.” We know that a diversified, low-cost portfolio is theoretically best, but we'd rather have the amusement and bragging rights of expensive, risky investments like hedge funds and specialized equity managers.
Our generation of investors must navigate an anemic global economy that was inconceivable only a few years ago, unmoved by zero interest rates and bursts of experimental monetary policy. Mark Harrison, CFA, has identified key presentations to help professionals chart a path forward.
He has been "likened to a rock star, hailed as a sex icon, and feted by fashionistas." He's also been referred to as the "enfant terrible" of the financial media. If you haven't already guessed it, I'm talking about Yanis Varoufakis, the erstwhile Greek finance minister and self-described "erratic Marxist."
Today, strategy adds value when it understands and exploits uncertainty better than the competition. Pure efficiency can no longer be the only way.
James Montier combines vivid imagery with blunt commentary on investor behavior, and the markets have given him a lot to talk about.
A reminder that there are certain "laws of gravity" that apply to all investors, regardless of their sophistication or the strategy they're pursuing.
Financial media closely follow the investment decisions made by John Chatfeild-Roberts. He'll be sharing his insights at the Sixth Annual CFA Institute European Investment Conference.
What will happen to the markets in the event of a government shutdown and what to do about it.
Astute investors should not put too much emphasis on labels, and should question their reliance on labeled strategies.
Glenn Silverman, CFA, chief investment officer at Investment Solutions, describes four unsustainable global trends and how they impact every investor.