Enterprising Investor
Practical analysis for investment professionals

Momentum Investing: A Stronger, More Resilient Framework for Long-Term Allocators

Momentum investing endures but smart construction, signal diversification, and risk management are essential for capturing its alpha.

The Growth Story Behind Insurance-Linked Securities

Investors are revisiting insurance-linked securities for yield, diversification, and resilience amid rising catastrophe risk.

AI in Investment Management: From Exuberance to Realism

AI offers real promise for investors, but reliability gaps and oversight needs mean its impact will be more measured than early hype suggests.

Winners and Losers in a World Without Quarterly Earnings

Clare Flynn Levy reflects on how reduced reporting frequency would alter real-world investment decisions, influencing which firms gain or fall behind.

AI in Venture Capital: Separating Signal from Noise

A simple framework helps VC investors assess and identify durable long-term value when investing capital in AI.

Corporate Myopia: Less-Frequent Reporting Won’t Reduce Managerial Short-Termism

Evidence shows quarterly reporting is not the cause of corporate myopia. Incentive structures exert far greater pressure.

The Two AI Stories: Measurable Gains and Hidden Balance-Sheet Pressure

AI is boosting productivity, yet circular financing and concentrated capital flows raise valuation and balance-sheet risks.

Reducing the Cost of Alpha: A CIO’s Framework for Human+AI Integration

How CIOs can slash costs, scale alpha, and modernize their investment engine with a high-impact Human+AI strategy.

Patience Pays: Why Quality Shares Outperform in the Long Run

Market timing rarely pays. Patience, and investing in high-quality companies, equal long-term outperformance.

The Earnings Dip Before a Sweet Deal: Going Private in Europe

European voluntary delistings often involve earnings management. This study shows the patterns and implications for investors.