Presenting is an essential responsibility for many finance professionals. To gauge just how essential, we asked CFA Institute Financial NewsBrief readers how often they have to give them. More than half of the 585 respondents (58%) to our unscientific poll said they present at least once a month. Meanwhile, only 19% responded that they “rarely”…
78% of respondents to our unscientific CFA Institute Financial Newsbrief poll said that career risk due to underperformance is a factor at their firms. The largest number (28%) said that between one to two years was the time period when job security would start to be an issue. Another 13% said that in even less than one…
The results of our CFA Institute Financial NewsBrief survey were disconcerting: 35% of the 832 respondents believe insider trading is widespread, whereas only 15% think it is rare. Perhaps unsurprisingly, many respondents think the extent of insider trading lies somewhere in the wide range between these two extremes.
48.25% of respondents to our unscientific poll indicated that they have not implemented behavioral finance at their investment firms. Although this may seem surprising, a consistent criticism of behavioral finance is its lack of a unifying theory. In other words, although behavioral finance observations of cognitive biases are descriptive, they do not necessarily suggest how…