Investing

[ad_1] People who are extremely successful in business or investing tend to think of themselves as more skilled and hard working than the average person. No doubt they are on some level, but the more extreme their success, the greater the role luck plays in achieving it. Luck is so […]

[ad_1] IFRS 18 Presentation and Disclosure in Financial Statements will usher in the most significant change to the statement of profit or loss since IFRS Accounting Standards were introduced more than 20 years ago to make the financial statements of public companies consistent and transparent.   The new Standard responds […]

[ad_1] Investors across the globe use the Sharpe Ratio, among other risk-adjusted metrics, to compare the performance of mutual fund and hedge fund managers as well as asset classes and individual securities. The Sharpe Ratio attempts to describe the excess return relative to the risk of the strategy or investment […]

[ad_1] Editor’s Note: Our Enterprising Investor podcast features intimate conversations with some of the most influential people from the world of finance about the topics that matter most to investment professionals. This post summarizes the key talking points from a conversation between the show’s host, Mike Wallberg, CFA, MJ, and […]

[ad_1] In the Star Wars universe, the Force is a mystic energy field generated by living beings that penetrates all things and binds the galaxy together. The ability to wield the Force gives Jedi knights their superhuman abilities, making them peacekeepers of the galaxy. But how powerful would the Jedi […]

[ad_1] To generalize or specialize? From the vantage point of 11 June 1947, when four financial analyst societies joined forces to create the federation now known as CFA Institute, that question may have had a different answer than it does for investment professionals today. Concentrated in New York and London, […]

[ad_1] In the wake of Russia’s attack on Ukraine, the risks of nuclear conflict have become clearer both inside and outside the world of finance. Yet many market watchers have simply thrown up their hands under the mistaken assumption that when it comes to nuclear weapons, nothing they do will […]

[ad_1] What makes financial capitalism so compelling is the idea that modern fund managers fully participate to the upside of their investment decisions with little exposure to the downside. This “Heads I Win, Tails You Lose” model helps maximize the economics of the trade. Certainly, private capital firms accumulate wealth […]

[ad_1] Equities can compound in value in a way that investments in bonds, real estate, and other asset classes cannot: Companies can distribute anywhere from 0% to 100% of their profits to investors as dividends or share buybacks, while the remaining 100% to 0% can be reinvested in the business.  […]

[ad_1] Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor. 2024. Stephen R. Foerster, CFA. John Wiley & Sons. In 2021, the Washington Post reported that five-time FIFA world player of the year Cristiano Ronaldo triggered a $4 billion plunge in Coca-Cola’s stock market valuation. He replaced two […]