Anticipating and riding short squeezes has grown in popularity as an investment tactic in recent years.…
Category: Investing
Bitcoin Mining and Local Stock Market Performance Correlations
Crypto is an uncorrelated asset class, according to its proponents, and as such ought to contribute…
Can Argentina Get better? Rising Market Classes
With its riveting victory over France in the World Cup finals and the heroics of its…
Decision Attribution: Portfolio Manager Skill vs. Past Performance
A portfolio manager’s job is to make decisions — all day, every day. Some of those…
2023 US Wealth Administration Outlook: Tax Planning and Wealth Preservation
After a down year for financial markets, investors’ priorities have naturally shifted from growing their assets…
Splitting the Risk: How to Manage Interest Rate Risk in Project Finance
Saudi Arabia’s economy is surging. The debt market tells the story: Banks in the Kingdom have…
Machine Studying and FOMC Statements: What’s the Sentiment?
The US Federal Reserve began raising the federal funds rate in March 2022. Since then, almost…
Book Review: The Enduring Value of Roger Murray
The Enduring Value of Roger Murray. 2022. Paul Johnson and Paul D. Sonkin. Columbia Business School…
The Debt Ceiling: A Nation Divided and Indebted Can not Stand
“Exigencies are to be expected to occur, in the affairs of nations, in which there will…
Redefining the Retirement Income Goal
The following is based on “Redefining the Optimal Retirement Income Strategy,” from the Financial Analysts Journal.…
Past Length and Convexity: Eight Methods to Bond with Purchasers
After working with private clients for 27 years, I’ve done many non-traditional things beyond offering them…
Presidential Election Cycle Theory: A Bullish 2023?
This year, 2023, is the heralded third year of the presidential election cycle. It has kicked…
Can Tracking Error Boost Index Funds’ After-Tax Returns?
Investors tend to view an index fund’s tracking error in a purely negative light. When a…
Decoding the Crypto Mindset with NLP: Bitcoin, Reddit, and FTX
The Bubble That Popped But Didn’t Deflate When financial bubbles burst, they usually, you know, burst.…
Agency Capitalism in Private Markets: Who Watches the Agents?
Capitalists once invested and administered their own money. But beginning in the late 19th century, independent…
The FX Global Code: Why Now Is the Time
Not for syndication. This article cannot be republished without the express permission of RBC Global Asset…
ChatGPT and the Future of Investment Management
Larry Cao, CFA, is the editor of The Handbook of Artificial Intelligence and Big Data Applications…
Shorting Lousy Stocks = Lousy Returns?
Introduction Playing the stock market should be easy: When the economy is booming, buy equities. When…
The Size Factor Matters for Actual Portfolios
The size factor is among those equity risk factors that have provided a premium over the…
ChatGPT: The Origins, the Hype, the Opportunity
For most investment managers, ChatGPT represents the starting whistle in a tech arms race many had…
Is Rising Income Inequality the 40-Year Bull Market’s Hidden Driver?
Economists and market participants have introduced increasingly sophisticated models over the past half-century to explain the…
How Do Smart Clients Invest in Themselves? Know Their “Why”
“Ultimately, there’s one investment that supersedes all others: Invest in yourself. Nobody can take away what…