Practical analysis for investment professionals

Equity Investments


Book Review: Expectations Investing

This revised and updated edition offers an insightful framework for identifying gaps between price and value.

Fama and French: The Five-Factor Model Revisited

How well has Fama and French's five-factor model explained returns?

Top 10 Posts from 2021: The Buffett Indicator, GameStop, Inflation!

What articles most resonated with readers in 2021? Aswath Damodaran on the COVID crucible, career tips from Eric Sim, CFA, and more.

Green and Renewable Energy: Not So Fast?

Our carbon neutral future may be a long way off.

Are Reindeer Good Stock Pickers?

Beating a passive benchmark is hard. And that's true for both reindeer and people.

Put Your Money Where Your Mouth Is: Vegetarian and Vegan Investing

Might financing vegetarian products be the game changer that moves our consumer habits in a more sustainable direction?

Inflation: What If It Doesn’t?

Joachim Klement, CFA, expects inflation to fall. But that doesn't stop him from asking, What if I'm wrong?

Passive vs. Active Management: Three Myths in DC Plan Strategy Selection

Actively managed strategies should have a place at the core of well-designed retirement plans.

Machine Learning: Explain It or Bust

Interpretability is paramount in machine learning.

4×4 Asset Allocation: Four Goals over an Investment Horizon

Assets and liabilities in any portfolio should contribute to liquidity maintenance, income generation, preservation of capital, and growth.