Yearly Archives: 2024

[ad_1] ChatGPT and other natural language processing (NLP) chatbots have democratized access to powerful large language models (LLMs), delivering tools that facilitate more sophisticated investment techniques and scalability. This is changing how we think about investing and reshaping roles in the investment profession. I sat down with Brian Pisaneschi, CFA, […]

[ad_1] This article is derived from a recent speech by Bo Sun to CFA Society China and is translated and adapted by Zhang Ke, CFA, Zhang Xiao, CFA, and Li Na, CFA. The reform of China’s social security system has entered a new stage, one of system integration, synergy, and […]

[ad_1] Turkey has enjoyed strong economic growth over the last 20 years. Unfortunately, much of this expansion has been driven by debt-fueled infrastructure spending. This excessive debt accumulation has had significant repercussions that have created severe imbalances in Turkey’s economy. As the global economic outlook has deteriorated in the face […]

[ad_1] In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest. 2021. Andrew W. Lo and Stephen R. Foerster. Princeton University Press. Between this book’s introductory and closing chapters, each of 10 famous superstars of finance receives a chapter […]

[ad_1] What’s most surprising about aggregated private market performance calculations? The widespread “tolerance” of mathematical errors, gross inaccuracy, and representativeness among private market investors, advisers, enthusiasts, detractors, and even academics. In the traditional asset classes, investment professionals are laser-focused on every “micron” of performance difference in their attribution analyses. With […]