Practical analysis for investment professionals

economics


Coiled Tight: Smaller Companies Are Primed for Outperformance

Small-cap companies are poised for a rebound. The sector is best approached through an active investment strategy where expertise and a deep understanding of the individual businesses and their risk-and-reward characteristics are necessary for success.

Book Review: Trailblazers, Heroes, and Crooks

Stephen Foerster, CFA, extracts lessons from exceptional episodes in financial history that ordinary investors and seasoned professionals alike can put to profitable use. The bonus is that you'll be entertained from start to finish.

Does a Stock’s Price Influence Its Risk Profile?

As a stock falls in value, it becomes more sensitive to market movements and its total volatility increases.

From the Archives: Daniel Kahneman on Better Decision Making

Daniel Kahneman shared four simple strategies for better decision making in finance and in life.

Book Review: Milton Friedman

Investment decision makers will derive both pleasure and professional enrichment from Jennifer Burns's Milton Friedman: The Last Conservative.

Revolution and Risk: How to Pilot the AI Revolution

Previous market bubbles provide valuable lessons as we navigate the artificial intelligence revolution. They emphasize the need for a clear-sighted, cautious approach.

Times Change: The Era of the Private Equity Denominator Effect

How can investors address the denominator effect in private equities?

Venture Capital: Lessons from the Dot-Com Days

Start-up valuations have yet to fully reflect the market's ongoing downdraft. The correction could prove as protracted as that of the dot-com crash. 

Book Review: Investing in U.S. Financial History 

Mark J. Higgins, CFA, CFP's epic book offers invaluable context for forecasting the direction of the economy and the market.

Top 10 Posts from 2023: The 10 Greatest Investors, ChatGPT, and the Active Management Delusion

Enterprising Investor's most popular posts of the year include contributions from Mark J. Higgins, CFA, CFP, Larry Cao, CFA, Michinori Kanokogi, CFA, and Yoshimasa Satoh, CFA, among others.



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