C. Thomas Howard: “View the Markets as They Are”
C. Thomas Howard, an opponent of the efficient markets hypothesis, advocates for a radical departure from the idea of diversification at the core of a healthy portfolio.
View ArticleBehavioral Portfolio Management: Emotions and Volatility Are Key to...
Despite numerous studies attempting to link volatility to changing fundamentals, research shows that investor emotions are the root cause of the vast majority of these price changes, according to C....
View ArticleModern Portfolio Theory: Bruised, Broken, Misunderstood, Misapplied?
If the global financial crisis has left us with any enduring lessons, it's that asset return distributions can be significantly skewed and asymmetrical with fat-tails. So how can investment...
View ArticleModern Portfolio Theory Revisited in the Age of Environmental, Social, and...
The following post summarizes some key ideas from a recent edition of the CFA Institute podcast The Sustainability Story. Matt Orsagh, CFA, CIPM, senior director of capital markets policy at CFA...
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