[ad_1] Few people have managed to avoid noticing the increasing popularity of cannabis consumption. However, if you walk down the street and catch a whiff of that grassy, pungent smell, you are witnessing a dying breed of cannabis users. While more people consume cannabis, they are increasingly shifting away from […]
Investing
[ad_1] Introduction The global pandemic continues to be a catastrophe for our civilization. Compounding its effect: Few were insured against it. Sure, Hollywood has churned out plenty of movies about contagious disease outbreaks over the years, but that is where the topic seemed to belong — in the realm of […]
[ad_1] This article explores the dynamics of angel investing through the lens of celebrated mathematical theories of self-organized criticality (SOC) and fractal behavior. Return distributions from AngelList data highlight the presence of power law returns. This has significant implications for portfolio construction, investment strategies, and diversification; notably, the potential for […]
[ad_1] This analysis is derived from the PNC research report “Going Down the Cryptocurrency Rabbit Hole.” For more on the cryptocurrency space, we encourage you to read the full report. When you hear the word “cryptocurrency,” do you immediately think “bitcoin”? If so, you’re not alone. The cryptocurrency, or crypto, […]
[ad_1] Michael S. Falk, CFA, and Joachim Klement, CFA, are the co-authors of Capitalism for Everyone from the CFA Institute Research Foundation. Climate change remains a key issue to solve in the coming decade. We say decade because any longer may already be too late. We all will have to […]
[ad_1] For decades, strategic asset allocation has been considered the driving force behind investment portfolio returns. But the old adage that allocation determines 90% of performance is rapidly becoming outdated. Over the course of 2020, we have seen how the world of investing is shifting from one in which declining […]
[ad_1] Most long-time investors are familiar with the herd bias phenomenon, or “the bandwagon effect.” It leads individuals to make investment decisions based on the belief that “everyone’s doing it.” This type of behavior is part of human nature, though in the context of markets, it’s usually associated with novice […]
[ad_1] Pause to Think: Using Mental Models to Learn and Decide. 2024. Jaime Lester. Columbia Business School Publishing. Pause to Think offers a perfect balance of light and serious reading. It is direct, delightful, and articulate in suggesting specific ways to improve approaches to anything we attempt to do. The […]
[ad_1] Benchmarking requires the ability to objectively generalize results. This is why the development of any financial benchmark is in essence the complex outcome of a rigorous averaging exercise. From this perspective, the currently adopted public market equivalent (PME) methodologies for benchmarking private equity have not overcome the well-known limitations […]