Do Better ESG Ratings Boost Bond Holders?
Environmental, social, and governance (ESG) ratings should reflect the risks that such…
“Build, Partner and Buy”: AI and the New M&A Model
Amid the current artificial intelligence (AI) hype cycle, companies are jockeying for…
Myron Scholes on Black–Scholes, Decarbonization, AI, and Parenting
Through his examinations of how uncertainty influences asset prices, Nobel laureate Myron…
The Trouble with Forecasting Home Prices
Introduction Mortgage rates have doubled and tripled in some countries since 2021.…
Climate Change, Risk Management, and the Freedom to Invest Responsibly
Risk management is so simple a concept and so central to financial…
Crypto’s Unanswered Question: At What Price?
Franklin J. Parker, CFA, is the author of Goals-Based Portfolio Theory, published by Wiley.…
Crypto Rising? Beyond High Beta Equity and FTX
Introduction Traditional finance had two dominant perspectives on cryptoassets as 2022 drew…
Quit to Win? Six Reasons Why Winners Quit
Binod Shankar, CFA, is the author of Let’s Get Real: 42 Tips…
The First US Real Estate Bubble and Three Lessons from the Mount Tambora Eruption
Mark J. Higgins, CFA, CFP, is the author, with Elliot Chambers, of…
Debunking the Myth of Perfect Competition
“Every individual . . . intends only his own gain; and he…