Investment Products and Asset Classes

"Discount rates vary a lot more than we thought. Most of the puzzles and anomalies that we face amount to discount-rate variation we do not understand."

Robin Wigglesworth has produced a book that is historical, entertaining, and thought-provoking.

While analytical judgment is considered universal in science, in finance investment decisions are derived from mental heuristics.

Private equity is settling into a rent-extracting, self-dealing trade.

Almost three quarters of HNWIs worldwide have expressed confidence in crypto.

SPACs may be worth another look. A long, careful look.

The inherent conflict between the "E," the "S," and the "G" in ESG investing can no longer be ignored.

This book provides 10 invaluable lessons that investors can use to pick tech stocks in years to come.

What effect has passive investing, including ETFs and index-tracking mutual funds, had on the US stock market?

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