Drivers of Value
Without strong fiduciary standards, ESG may become an excuse for fund managers to underperform and charge higher fees.
Michael .S. Falk, CFA, discusses entitlement reform, outdated incentives, the lessons of the pandemic, and more.
The Income Factory shows that double-digit returns are achievable from income and its reinvestment alone.
When it comes to evaluating sales teams, "[Pay] more attention to the swing than the shot."
Should we ignore claims that one party or another is better for markets?
Firms with strong and healthy cultures share certain essential factors.
For fundamental investors looking for mispricings, value stocks may be best ignored.
We all have biases and blind spots, and it helps to listen to people who see things differently.
The Fed could be setting the US economy up for a harder fall down the road.
Utilitarian calculus is not the right lens through which to view the COVID-19 dilemma. It is the only lens.