While US hegemony has long been the norm, large-scale geopolitical changes are afoot that may alter the playing field when it comes to financial matters, says Philippa Malmgren.
Michael Woodford, former president and CEO of Olympus Corporation, was controversially fired after revealing widespread company fraud. Woodford recounts his experience and discusses the role and perception of whistleblowers today.
For years, researchers have used historical returns as proxies for estimating equity risk premium. This approach is problematic, however, because the resulting estimates don't vary from one year to the next, even though equity market returns can be wildly divergent from year to year. Katsunari Yamaguchi, CFA, has developed a new method for estimating equity premiums.
Investing is more than just a numbers game. Michael J. Mauboussin discusses the psychological and behavioral elements of investing, and why cognitive diversity is essential for your team’s success.
Former chair of the Federal Depositors Insurance Corporation (FDIC) Sheila C. Bair provides insight on the financial crisis and discusses how the system can be made more stable in a Take 15 interview.
Lisa Gray, founder and managing member of Graymatter Strategies, discusses the importance of incorporating family dynamics into the advisory process.
Bob Rice, the alternative investment expert and commentator, helps clear up some of the misconceptions about the asset class.
Ng Kok Song, former group chief investment officer of the Government of Singapore Investment Corporation (GIC), and Jason Voss, CFA, discuss an increasingly meaningful tool in the investment toolkit: meditation.
Nate Silver, author of The Signal and the Noise and founder and editor-in-chief of FiveThirtyEight, explains how to differentiate between “signal” and “noise,” and discusses the danger of false signals, in a recent Take 15 interview with Lauren Foster.
Is Chinese economic data reliable? Carsten Holz, professor of economics at the Hong Kong University of Science and Technology, discusses common misconceptions about China’s GDP figures and its future economic outlook.