Investment

The legendary musician Prince exhorted us to “Party Like It’s 1999,” but today, as a small-cap stock investor, I’d flip...

“Oversimplify: to simplify to such an extent as to bring about distortion, misunderstanding, or error.” Some very black-and-white and reductive...

The credit markets have developed a highly concentrated buy-side structure since the global financial crisis (GFC). Driven largely by regulators,...

A new investment style has proliferated over the last decade or so: the copycat investor. The basic idea is always...

Portfolio managers report their risk-adjusted performance using Sharpe, Treynor, information, and Sortino ratios, among other popular metrics. Of course, with...

Beyond Diversification: What Every Investor Needs to Know about Asset Allocation. 2020. Sébastien Page, CFA. McGraw Hill. Sébastien Page, CFA,...

Discussions of the relative merits of passive vs. active investing are ubiquitous these days and — so long as discussions...

Environmental, social, and governance (ESG) considerations are not always as black and white as many anticipate. Take, for example, the...

Across all economic sectors, disruptions resulting from the global pandemic have forced businesses around the world to adapt and create...

“It often happens that a player carries out a deep and complicated calculation, but fails to spot something elementary right...