Enterprising Investor
Practical analysis for investment professionals

Investment Topics


The Factor Mirage: How Quant Models Go Wrong

Why factor investing often fails in practice — and how causal reasoning helps quant models perform in the real world.

Private Equity’s New Exit Playbook

The rise of continuation funds reflects private equity's longer hold periods for assets amid higher rates and narrowing exit strategies.

Tokenized Money Market Funds: Cybersecurity Lessons from the Digital Cash Frontier

Tokenized MMFs merge blockchain with institutional finance and offer speed and composability but demand airtight cybersecurity and key controls.

From Hedge to Test Case: Gold’s Volatility and the Limits of Safety

Gold’s 2025 rally has turned volatile. Its sharp pullback tests whether gold’s role as a safe-haven and portfolio cornerstone can endure under market stress.

LDI in Frontier Markets: Building Resilience, the Nigeria Case Study

Nigeria’s experience with LDI offers lessons for building financial resilience and managing long-term investment risks in frontier markets.

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

Top 10 blogs from Q3 reveal what investors read most: a private market reckoning, Fed pivots, and the resilience of low-volatility strategies.

From AI FOMO to Fee Fatigue: Investor Sentiment 2025

Five forces shaping investor sentiment in 2025: AI hype, rising fees, market timing, behavioral traps, and renewed focus on discipline.

Book Review: Irrational Together

Explore how culture, ideology, and group norms influence economic behavior in ways that go beyond standard behavioral finance models.

Hong Kong’s IPO Boom: Gateway or Risk Trap for Investors?

Hong Kong's IPO market reasserts its role as the gateway for Mainland China listings, offering investors new access but persistent concentration risk.

Book Review: The Tax-Smart Donor: Optimize Your Lifetime Giving Plan

Readers and investors will learn how to turn charitable giving into a strategy to save on taxes, maximize charitable impact, and give smarter.