Enterprising Investor
Practical analysis for investment professionals

Equity Investments


Capital Deployment Matters: A Smarter Way to Assess PE Returns

Uncover how idle capital distorts private equity returns and why measuring what’s actually put to work gives investors a truer picture of performance.

No Asset Is Safe—But Some Lose Less

No asset is truly safe. But diversifying into steady, low-volatility stocks can help investors lose less—and stay invested for the long run.

Private Markets, Public Promise: Africa’s Investment Inflection Point

For global investors, the signal is clear: Africa’s moment is here. The only question is, will you be part of building it?

Volatility Signals: Do Equities Forecast Bonds?

Surprise, surprise. Contrary to conventional wisdom, the bond market may be taking its risk cues from equities. At least, that appears to be the case when fluctuations in the two major volatility indices are compared.

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Bear Market Playbook: Decoding Recession Risk, Valuation Impact, and Style Leadership

Explore historical bear markets to decode recession risk, valuation impact, and which investment styles perform best in downturns and recoveries.

Rethinking Research: Private GPTs for Investment Analysis

This chatbot-style tool allows investment analysts to query complex research materials in plain language without ever exposing sensitive data.

Buyers Beware: 7 Red Flags That Signal a Private Market Reckoning

Explore red flags in private markets as speculative excess, retail marketing, and valuation risks mount. Lessons from financial history.

Outperformed by AI: Time to Replace Your Analyst?

Discover how advanced AI prompting and model selection are reshaping investment analysis—and why mastering these tools is essential for staying competitive.

Book Review: Financial Statement Analysis for Value Investing

Penman and Pope refine classic value investing through the lens of financial statements.

Tariffs, Inflation, and Returns: How Investments Respond to Supply Shocks

Learn how tariff-related inflation shocks ripple through markets—and which assets have historically helped investors navigate the turbulence.