Finding suitable peers for financial analysis is a vexing task that requires careful consideration of firms’ underlying economics, accounting choices, and financial statement ...
The question of whether quarterly earnings reporting helps or harms long-term value creation has returned to the US policy agenda. As a former fund manager, I can appreciate the ...
Quarterly reporting is often blamed for corporate myopia, an overemphasis on meeting short-term earnings expectations at the expense of long-term value. Most US companies operate on ...
AI is delivering real productivity gains across data-rich sectors, yet today’s investment surge is unfolding through highly concentrated capital flows and unprecedented spending on ...
Private ownership is gaining ground again across Europe as companies seek more control and relief from the pressures of public markets. Before delisting, however, managers often ...
The Financial Restructuring Tool Set: How to Fix Your Broken Balance Sheet. 2025. Mike Harmon. Columbia Business School Publishing. CFA charterholders might be startled by a ...
Liability-Driven Investing (LDI) is often associated with developed markets, where deep liquidity and a wide range of derivatives allow investors to hedge with precision and meet ...
Tokenized money market funds (MMFs) are transforming institutional liquidity but also introducing new cybersecurity threats. Issued as blockchain-based tokens, these funds offer ...
The brief descriptions below are of my three favorites among the book reviews published in 2024 in Enterprising Investor. Throughout the year, our Review Team members generously ...
Private equity (PE) buyouts are intricate financial maneuvers, often shrouded in complexity. By utilizing tiered acquisition structures and strategic vehicles, PE investors can ...
The Making of Modern Corporate Finance. 2025. Donald H. Chew, Jr. Columbia University Press, Available February 2025. Donald Chew’s forthcoming book, The Making of Modern ...
Private equity (PE) ownership fundamentally reshapes a company’s financial profile, but understanding the true implications requires a deeper dive into balance sheet mechanics. ...
