Behavior of Crowds not Wisdom of Crowds
The efficient market hypothesis (EMH) says that active equity management is a…
Is the Outright Ban on a US Central Bank Digital Currency (CBDC) a Mistake?
Last month, the US House of Representatives passed a bill banning the…
Concerned About Market Concentration and Lofty Valuations? Consider Small Caps
If you are wringing your hands over large-cap stocks due to high…
What Is Systems Thinking? A Primer with Applications for Sustainable Investing
Dynamic and “emergent” complex systems.1 can be found everywhere from ecosystems to…
Book Review: My Value Creation Journey
My Value Creation Journey: An Autobiography of My Work. Bartley J. Madden.…
Private Markets’ Governance: A New Era
Private markets’ meteoric growth since the Global Financial Crisis has attracted the…
The Interplay Between Cap Rates and Interest Rates
The relationship between capitalization rates (cap rates) and interest rates is more…
Still Misperceived? A Fresh Look at Bitcoin Volatility
Perception does not always match reality. We suspected this may be the…
FX Bubbles: Through the Lens of Shiller and Sornette
It is widely understood that psychological factors such as perceptions and herd…
Book Review: A Wealth of Well-Being
A Wealth of Well-Being: A Holistic Approach to Behavioral Finance. 2024. Meir…
