Investing

[ad_1] The Enduring Value of Roger Murray. 2022. Paul Johnson and Paul D. Sonkin. Columbia Business School Publishing. Who among us does not know the contributions of Benjamin Graham and David Dodd to security analysis, as well as their disciplined approach to long-term investing? After reading and thoroughly enjoying The […]

[ad_1] The following is based on “Redefining the Optimal Retirement Income Strategy,” from the Financial Analysts Journal. Financial planning tools largely assume retirement spending is relatively predictable, that it increases annually with inflation regardless of an investment portfolio’s performance. In reality, retirees typically have some ability to adapt spending and […]

[ad_1] This year, 2023, is the heralded third year of the presidential election cycle. It has kicked off with nervous markets eyeing political drama in Washington, DC: contentious votes to elect the Speaker of the House of Representatives, a combative State of the Union presidential address, partisan threats not to […]

[ad_1] New Year, New Investments Many of us have crawled into 2024 with a sense of cautious optimism that the mental battering we all took in 2023 won’t repeat itself. While that may yet be a difficult feat during a US presidential election year, the long-foretold US recession has failed […]

[ad_1] In the ever-evolving landscape of artificial intelligence (AI), the trends point toward an insatiable appetite for larger, more powerful models. Large language models (LLMs) have become the torchbearers of this trend and epitomize the relentless quest for more data, more parameters, and inevitably, more computational power. But this progress […]

[ad_1] Investors tend to view an index fund’s tracking error in a purely negative light. When a fund fails to track its benchmark especially well, investors’ assumption is that the fund manager is probably bad at their job. But there could be another story here. Maybe the fund manager is […]

[ad_1] The Bubble That Popped But Didn’t Deflate When financial bubbles burst, they usually, you know, burst. So, when the FTX crypto exchange collapsed last November, many crypto skeptics expected bitcoin prices to fall to where they believed they rightly belonged: roughly zero. Yet, as of this article’s writing, bitcoin […]

[ad_1] Capitalists once invested and administered their own money. But beginning in the late 19th century, independent managers progressively took charge, first of the businesses to which the capital was tied and later of the funds themselves. In what is now a core feature of financial capitalism, intermediaries run modern […]

[ad_1] Not for syndication. This article cannot be republished without the express permission of RBC Global Asset Management Inc. What if I told you that the largest, most liquid market in the world is also one of the least understood? Its $2.1 trillion daily spot turnover dwarfs that of bonds […]

[ad_1] Larry Cao, CFA, is the editor of The Handbook of Artificial Intelligence and Big Data Applications in Investments, from the CFA Institute Research Foundation. I committed to writing something about ChatGPT, OpenAI’s revolutionary new chatbot, shortly after its November 2022 debut. After all, ChatGPT’s success rivaled that of AlphaGo, […]