What does the current era of professional tennis have to teach us about the state of venture capital (VC) and private equity (PE)?
In today's bull market, the bezzle, or "inventory of undiscovered embezzlements," isn't stocked with Ponzi schemes and the like. Rather it is built on the notion that risky assets have become practically risk-free.
Once we define the culture we aspire to build, our challenge and responsibility is to cultivate it over time. That process is far from automatic and has no finish line.
In whose interest should companies be run? Luigi Zingales shared his thoughts at the 2019 CFA Institute Seminar for Global Investors.
David R. Koenig's Governance Reimagined "focuses on the 'why' and 'how' of governance rather than the 'what' that is delivered by other guidebooks."
What role do asset owners have to play in environmental, social, and governance (ESG) investing?
Do companies with high environmental, social, and governance (ESG) ratings outperform their lower-ranked counterparts?
To paraphrase Richard Thaler, all finance is behavioral. In the same spirit, all investment management should be goals-based.
Sometimes old narratives cast a long shadow and obscure more than they reveal.
Wealth managers should give as much weight to return on inertia as they do return on investment, says April J. Rudin.