Articles

Pension funds experienced an uncomfortable déjà-vu when financial markets appeared to be heading towards a new abyss last week. Somehow, markets rebounded but experts fear that there might be worse to come. Business leaders and investors increasingly voice their...

With the US donning a double-digit unemployment rate and the federal debt level spiraling out of control, more and more people are getting bored of their corporate cubicles. With jobs slashing down and wages going through massive cuts, people are finding it extremely...

Whenever Charles Ellis writes, I take notice. His classic book “Investment Policy: How to Win the Loser’s Game“ was for me the definitive eye opener. Starting out in the investment industry, managing mandates while working through several investment courses, the...

Interesting interviews with Daniel Kahneman were recently posted, about prospect theory and other key developments in behavioral finance. According to Thayer Watkins, Daniel Kahneman and Amos Tversky coined the phrase “Prospect Theory” for their...

One of the key messages of the book Investment Beliefs that Kees Koedijk and I wrote, was the importance to articulate your views on how financial markets work. However much we’d like it to be, investing is not a hard science, and academics bicker over the...