Practical analysis for investment professionals

Equity Investments


How Long Does Competitive Advantage Last? A Sector Analysis

Does a firm’s competitive advantage tend to endure longer in some sectors than others?

Aswath Damodaran on the COVID Crucible: A Play in Three Acts

"In most crises, young companies suffer at the expense of old companies, risk-on companies get hurt more than risk-off companies," Aswath Damodaran said. "This crisis seems to have flipped the script."

Jon Stein, CFA, on GameStop and the Market’s Trust Crisis

Betterment founder Jon Stein, CFA, shares his perspective on the GameStop fiasco.

Myth-Busting: Low Rates Don’t Justify High Valuations

Lower interest rates may not, in fact, lead to higher P/E ratios.

GameStop or: Why the Short Sellers Win

The GameStop short sellers might have left the market. But don’t for a minute think they are licking their wounds in defeat.

Is Technology a New Asset Class?

Investors may need to pay more attention to tech than all other sectors combined.

Ensemble Active Management: The Blueprint for Rescuing Active Management

Could EAM generate enough added alpha for active management to reclaim its edge over passive?

Active Success: Investing Lessons from Odysseus

With his patience and preparation, Odysseus would have made a great investor.

“ESG, Motherhood, and Apple Pie”? Seven ESG Policy Questions

Is there a performance penalty for ESG investing? Is it logical to lump E, S, and G together?