Drivers of Value
Stockholm’s capital-market success reflects more than IPOs and PE activity. It offers a case study in how culture, institutions, and incentives shape durable capital formation.
Why S&P 500 reliance can undermine retirement outcomes, and how diversification, valuation discipline, and withdrawals reshape long-term portfolio risk.
Yann LeCun’s testimony reframed for investment leaders: why AI sovereignty, platform control, and LLM economics shape organizational risk.
For financial analysts covering government contractors across defense, healthcare, and IT, auditor specialization signals earnings quality, reporting credibility, and filing timeliness.
Tight stop-losses feel disciplined but can erode long-term returns. Robust investing favors resilience over optimization.
Closed-end funds have their place in a diversified portfolio, but investors shouldn't expect to make a quick buck.
US government equity is entering strategic supply chains. For investors, this is changing how risk, returns, and capital allocation are priced.
Earnings and stock prices move together long term, but shifts in their correlation offer little value for predicting future market returns.
GenAI is transforming investment workflows, raising critical questions about human judgment, task design, and the future of the profession.
The Enterprising Investor blogs that resonated most with readers in 2025 were those that used historical evidence to illuminate present-day dynamics.