US equities
How would an index constructed at the US country level that weights holdings by each sector's underlying GDP compare to the S&P 500 in terms of risk and performance?
How has shorting lousy stocks worked as a strategy?
What are the strengths, limitations, and nuances of presidential election cycle theory and what does the current political context foretell regarding whether 2023 will follow the predicted trend?
The capital asset pricing model (CAPM) is a marvel of economic scholarship. The problem is that it doesn’t always work in practice. So, we fixed it.
What effect has passive investing, including ETFs and index-tracking mutual funds, had on the US stock market?
Shouldn't less efficient capital markets with greater information asymmetries offer more alpha opportunities?
We should lean toward investing in all of the world all of the time.
Do international equities still offer diversification benefits?
When advisers talk about diversification their go-to variable is correlation. That's a mistake.
What were the articles of the year on Enterprising Investor? The 10 leading posts covered a broad spectrum of subjects, from interviewing and cover letter tips, to how to optimize decision making and better understand blockchain technology. They were authored by some of the most influential thinkers in finance, including Michael Batnick, CFA, and Ben Carlson, CFA, and together offer an illuminating view into the state of the investment profession in 2017.