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Investment

An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset.

Behavior of Crowds not Wisdom of Crowds

The efficient market hypothesis (EMH) says that active equity management is a waste of time. Because stock prices incorporate all…

C. Thomas Howard C. Thomas Howard

Book Review: Default | CFA Institute Enterprising Investor

Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring. 2024. Gregory Makoff. University of Georgetown Press. In his…

Samy B. Muaddi, CFA Samy B. Muaddi, CFA

Can the Fed Pull Off a Soft Landing?

A version of this article originally appeared on the Research Affiliates website. The current economic environment is a confusing one.…

Campbell R. Harvey Campbell R. Harvey
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