Drivers of Value
Using machine learning algorithms in portfolio optimization is a growing trend that investors should pay attention to.
AI is more than just another technology. It is a transformative force with the potential to redefine investment management. The industry's most significant barrier to harnessing this power is the widening AI skills gap.
Big data-driven AI in financial services is a technology that augments human capabilities. We are living in countries governed by the rule of law, and only humans can adopt safeguards, make decisions, and take responsibility for the results.
Team Efficient Markets vs. Team Behavioral Finance: It's the academic equivalent of Lakers vs. Celtics.
Here's a weighting scheme to mitigate economic risks while preserving the benefits of diversified multi-factor strategies.
This highly readable book contains numerous entertaining anecdotes about, and descriptions of, the lifestyles of the rich and famous. Readers’ interest will never flag as they glean the chunks of wisdom that they can productively apply to investment analysis.
The presence of power law returns in angel investing, with the potential for significant contributions from a handful of investments, has implications for portfolio construction, investment strategies, and diversification.
By fostering resilience through the consideration of various outcomes, investment practitioners can better anticipate and manage the complexities and disruptions that characterize today's dynamic environment.
To understand what private equity is at its worst is a call to action, personally and professionally.
The relationship between stocks and interest rates is not reliably stable. There are periods when equities are highly rate sensitive, and periods when they aren't.