Top Five Articles from February: The Buffett Bet, Islamic Finance, Charts, and Curiosity
Standing seven years into a 10-year wager with Warren Buffett that hedge funds would outperform the S&P 500, Ted Seides, CFA, and Protégé Partners sure look wrong. What follows is Seides’s assessment of why, and an outlook on where to go from here.
Charts are fascinating, says Will Ortel. And he doesn’t just mean the 14 charts presented here. In one of the more interesting lectures he’s ever heard, Bret Victor makes a number of really thought-provoking points that he hopes you’ll chew over as you skim these images.
Whether finance is a noble profession or not is an important issue for the long-term viability of capitalism. This CFA Institute Future of Finance online forum considers the issues.
Curiosity is a secret weapon for being a better analyst or investment manager, says Jason Voss, CFA. It is about learning, understanding, assessing, efficiency, and thoroughness — all skills needed for investment management success.
Since 1975, when the first Islamic commercial bank was established in Dubai, Islamic finance has come a long way. Its global assets are now estimated to be around US $1.5 trillion across the banking sector, capital markets, and takaful, or Islamic insurance. Given the available track record, how do informed observers characterize the development of this most prominent form of faith-based finance? Usman Hayat, CFA, provides a rundown.
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All posts are the opinion of the author. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.
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