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 ...
Despite the headlines proclaiming its demise, active investment management is not going extinct — it’s evolving. The traditional mutual fund may be fading, but active decision-making ...
Commemorating Warren Buffett’s legacy and the Financial Analysts Journal’s 80th Anniversary through the lens of the award-winning article, “Buffett’s Alpha.” The post Two Enduring Legacies, One ...
In a year marked by renewed volatility and shifting economic expectations, even the most familiar investment principles are worth revisiting. Behavioral finance concepts like loss ...
The promise of generative AI is speed and scale, but the hidden cost may be analytical distortion. A leaked system prompt from Anthropic’s Claude model reveals how even well-tuned AI ...
Ludovic Phalippou, PhD, Professor of Financial Economics at Oxford University, has become one of the most closely followed and debated voices in private equity. His articles on ...
Why do smart investors repeat the same mistakes generation after generation? Because financial instincts — like fear, envy, and overconfidence — are ancient, stubborn, and terribly ...
Trade tariffs are back — reshaping markets and raising critical questions for investors. In early 2025, the United States enacted broad-based tariffs on nearly all trading partners, ...
For global investors and institutional asset managers, Moody’s downgrade of US sovereign debt is more than a symbolic signal — it’s a market event with portfolio-level consequences. ...
Women investing in alternatives aren’t just building wealth — they’re reshaping the future. With capital comes power, and a growing number of women are using that power to back ...
Tariffs have reclaimed the economic spotlight. But with their timing and magnitude uncertain, investors are on edge. A fascinating history of tariffs and their effects on investment ...
Some high yield market participants claim the days of +1,000-basis-point (bps) spreads are behind us. Citing improved credit quality, aggressive Fed intervention, and a persistent ...
