Return to Tradition? Three Reasons to Consider a Bond Allocation
US government money market funds have enjoyed record inflows this year as their 5%-plus yields — the highest in decades — and lower-risk status have obvious appeal for investors. But…
Steve Blank Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
Bill Gurley was one of Silicon Valley’s smartest and most successful VCs. He recently gave a talk at the All-In Summit that was really two talks in one. The first…
Book Review: Validation of Risk Management Models for Financial Institutions
Validation of Risk Management Models for Financial Institutions: Theory and Practice. 2023. Edited by David Lynch, Iftekhar Hasan, and Akhtar Siddique. Cambridge University Press. Because of their high leverage, financial…
Are you truly healthy? A new wave of tests promises the ultimate check-up
I’M WELL, thank you. Or at least I think I am. I have no major illness to speak of, I am of average weight and a recent knee scan showed…
Sentiment Analysis Revisited | CFA Institute Enterprising Investor
Daniel Kahneman earned the Nobel prize in economics for his research on prospect theory. His scholarship helped demonstrate how behavioral finance — and by extension, sentiment analysis — can improve…
ChatGPT and Large Language Models: Their Risks and Limitations
For more on artificial intelligence (AI) in investment management, check out The Handbook of Artificial Intelligence and Big Data Applications in Investments, by Larry Cao, CFA, from the CFA Institute Research Foundation.…
Trick or Treat? Bobbing for Multibaggers in the Small-Cap Market
In Agatha Christie’s mystery novel Hallowe’en Party, a young guest who may have witnessed a murder drowns in an apple-bobbing basket. In the wrong place at the wrong time, the…
How Can Family Offices Leverage Artificial Intelligence? Four Applications
For more on artificial intelligence (AI) in investment management, check out The Handbook of Artificial Intelligence and Big Data Applications in Investments, by Larry Cao, CFA, from the CFA Institute…
Steve Blank Leaving Government for the Private Sector – Part 2
Laura Thomas is a former CIA operations officer. Reading how she moved in 2021 from CIA ops to a quantum technology company offered insightful career transition advice for those leaving her…
Five Reasons Why Writing Is the Most Underrated Investment Skill
What does it take to be a successful investor? A healthy balance of technical skill, emotional intelligence, and intentional habits can help. This three-legged stool requires us to derive precision…
