Biography
Joachim Klement, CFA, is Head of Investment Research at Fidante Capital and a trustee of the CFA Institute Research Foundation. Previously, he was CIO at Wellershoff & Partners Ltd., and before that, head of the UBS Wealth Management Strategic Research team and head of equity strategy for UBS Wealth Management. Klement studied mathematics and physics at the Swiss Federal Institute of Technology (ETH), Zurich, Switzerland and Madrid, Spain, and graduated with a master’s degree in mathematics. In addition, he holds a master’s degree in economics and finance.
Joachim Klement, CFA, has created his own set of rules to use as guidance when forecasting economic or political events.
When advisers talk about diversification their go-to variable is correlation. That's a mistake.
You are not acting in the client’s best interest if you build them a portfolio that they won't stick with over the long run.
It is common knowledge that all forecasts are wrong, but many investors still think forecasting one-year stock returns is a useful exercise, Joachim Klement, CFA, writes.
Want to be a better investor? Joachim Klement, CFA, recommends embracing Charlie Munger's latticework framework and reading around your field.
The US Congressional Budget Office (CBO) recently published its annual Budget and Economic Outlook, a must-read for anyone interested in where the US economy is heading.
Red and blue states vary so much in their economic trajectories that they may as well be two distinct countries, writes Joachim Klement, CFA.
As someone who worked directly with climate change data, Joachim Klement, CFA, can assure you: Climate change is real, and investors need to take it into account.
For everyone who has not read the Republican tax legislation in full, Joachim Klement, CFA, provides a concise summary of its costs and benefits in one chart.
While Joachim Klement, CFA, has some sympathy for the proposals coming out of the White House and US Congress to cut corporate taxes despite the potentially negative long-term effects, he is less sanguine about their efforts to eliminate or reduce estate and individual income taxes.