Even the most cursory study reveals that systemic risk means different things to different people, so Ron Rimkus, CFA, worked to create a definition that potentially everyone could agree on. Read more
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“Fear has defined my working life,” Lucy Kellaway says. But it was not the fear that she inspired in others or the fear that others attempted to instill in her. She was driven by a self-imposed fear of “being found out,” a fear that she would fail to meet expectations. That fear was her greatest weapon. Read more
Leave a CommentThe stars are aligning for marketplace lending platforms, but they need to step up the pace of innovation if they want to give the banks a real run for their money, says Manuel Stagars, CFA, CAIA, ERP. Read more
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In this extensive review of the history of finance, William Goetzmann covers the evolution of finance from ancient times to today, historic contributions to the financial system from around the world, and the ways the finance industry has affected the world around it. Interwoven throughout the rigorous history lesson are excellent practical suggestions for today’s investment practitioners based on Goetzmann’s analysis of the events of the past. Read more
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Is shareholder maximization the best way for a company to achieve sustainable success? Are there other parties who should be taken into account? Anjali Pradhan, CFA, tackles the issue in an interview with Robert Walker of NEI Investments. Read more
8 CommentsFresh off her ouster as CEO of Citi Global Wealth Management, Sallie Krawcheck spent some time studying the causes of the Great Recession. An epiphany led her to what she believes was the prime culprit: groupthink. So is there a cure for groupthink that could forestall another financial crisis? Krawcheck thinks there is. Read more
4 CommentsShreenivas Kunte, CFA, sheds some light on the war breaking out in the Indian telecom industry, revisits Robert G. Kirby’s “Coffee Can” portfolio, and shares insights from Aswath Damodaran, Joseph Stiglitz, and more, in the latest edition of Weekend Reads from India. Read more
Leave a CommentMonetary policy, lagging economic growth, aging populations in the leading global economies — what is the biggest challenge confronting investors on today’s fixed-income obstacle course? We polled readers of CFA Institute Financial NewsBrief to find out. Read more
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