Enterprising Investor
Practical analysis for investment professionals

Economics


Momentum Investing: A Stronger, More Resilient Framework for Long-Term Allocators

Momentum investing endures but smart construction, signal diversification, and risk management are essential for capturing its alpha.

The Growth Story Behind Insurance-Linked Securities

Investors are revisiting insurance-linked securities for yield, diversification, and resilience amid rising catastrophe risk.

Winners and Losers in a World Without Quarterly Earnings

Clare Flynn Levy reflects on how reduced reporting frequency would alter real-world investment decisions, influencing which firms gain or fall behind.

Corporate Myopia: Less-Frequent Reporting Won’t Reduce Managerial Short-Termism

Evidence shows quarterly reporting is not the cause of corporate myopia. Incentive structures exert far greater pressure.

The Two AI Stories: Measurable Gains and Hidden Balance-Sheet Pressure

AI is boosting productivity, yet circular financing and concentrated capital flows raise valuation and balance-sheet risks.

Reducing the Cost of Alpha: A CIO’s Framework for Human+AI Integration

How CIOs can slash costs, scale alpha, and modernize their investment engine with a high-impact Human+AI strategy.

Patience Pays: Why Quality Shares Outperform in the Long Run

Market timing rarely pays. Patience, and investing in high-quality companies, equal long-term outperformance.

The Earnings Dip Before a Sweet Deal: Going Private in Europe

European voluntary delistings often involve earnings management. This study shows the patterns and implications for investors.

How to Value Digital Tokens: A 5-Step Fair Value Framework

How financial analysts can approach digital asset valuation through a structured, five-step fair value framework.

Mind the Cycle: From Macro Shifts to Portfolio Plays 

Markets move on change, not levels. Spot shifts in growth, inflation, and liquidity early to stay ahead of the global cycle.