The Low-Volatility Factor and Occam’s Razor
Pim van Vliet, PhD, is the author of High Returns from Low Risk: A Remarkable Stock Market Paradox, with Jan de Koning. The low-volatility premium may be the most compelling…
Engineering Practices for LLM Application Development
We recently completed a short seven-day engagement to help a client develop an AI Concierge proof of concept (POC). The AI Concierge provides an interactive, voice-based user experience to assist…
Steve Blank Apple Vision Pro – Tech in the Search of a Market
A version of this article previously appeared in Fortune. If you haven’t been paying attention Apple has started shipping its Apple Vision Pro, its take on a headset that combines…
Klarna’s CEO embraced AI by telling OpenAI’s Sam Altman, “I want Klarna to be your favorite guinea pig”
Klarna CEO Sebastian Siemiatkowski knows we’re all obsessed with IPOs. When I ask about the IPO-shaped elephant-in-the-room, Siemiatkowski is clear on the plan, and flexible on the timeline: He wants…
Thrive Capital has invested in more than a dozen other VC firms from its growth fund
With his venture capital firm, Thrive Capital’s Joshua Kushner has backed high-flying startups like Stripe and OpenAI. He has also invested in more than a dozen other venture capital funds,…
Mergers and Acquisitions in 2024: Headwinds to Tailwinds?
Global mergers and acquisitions plunged to a decade low last year, with $2.9 trillion in deal value announced, down 17% from 2022. Dealmakers mostly stayed on the sidelines as they…
Mike Tang, CFA, CPA, on Spin-Off Listings in Hong Kong SAR
Capital markets in Hong Kong SAR are buzzing with activity in 2024. Mainland China’s largest freshly made bubble tea chain, Mixue Bingcheng, applied for an initial public offering (IPO) on…
Book Review: The Four Pillars of Investing, Second Edition
The Four Pillars of Investing, Second Edition: Lessons for Building a Winning Portfolio. 2023. William J. Bernstein. McGraw Hill Professional. In The Four Pillars of Investing, Second Edition: Lessons for…
Plan Sponsor Priorities for 2024: A Seven-Item Checklist
Defined contribution (DC) plans are among the most common ways for US workers to save for retirement. US DC plan programs totaled $9.6 trillion in assets as of the third…
It’s Not Always the Economy: Five Questions to Gauge Financial Markets
Last year was humbling for economists and investment strategists alike. It began with an “imminent” recession and ended with equity markets near all-time highs. Historic rate hikes fueled a compelling…
