Archives

This compilation of four postings offers perspectives about Bill Gross and Pimco aimed at investment professionals. (Thanks to Mary Childs for her book ??? ???? ????, which is referenced throughout.)

Among the challenges for those evaluating investment strategies and managers is not being fooled by changes in relative valuation that may be transitory.

We’ve seen the progression before: Unexpected market moves leading to a blow-up and then a reexamination. What’s really needed is a new approach to risk management.

There’s something for everyone in this latest edition of ??? ?????????? ?????????’? regular look at good reads from around the investment world.

From burned-out hedge fund managers to new standards of VC due diligence, crowded stocks, a Renaissance man, and an amazing set of podcasts too. Plus four feature topics and more.

A look at some research about political beliefs and how they affect investment decision making.

While not often taught to investment professionals, the disciplines of sociology and anthropology are essential to understanding both asset pricing and how organizations operate.

Despite the popularity of private equity, beliefs about its performance attributes vary dramatically, while the investment characteristics of the holdings are much different than in the past. That calls for a reassessment.

This issue includes sections on liquid venture capital, fixed income, a new data alliance, family offices, portfolio manager attributes, plus a bumper crop of other readings.

Here are some good readings courtesy of the CFA Institute Research Foundation (among many others that could be cited), regarding important aspects of the investment ecosystem, behavioral finance, fiduciary responsibility, and the financial crisis.

You’ve probably seen colors used to categorize manager performance, in normal practice and in response to regulatory mandates. A few thoughts on the implications of those hurdles.

This is a typical edition of the Fortnightly, full of interesting readings from around the ecosystem for you to connect to your work.

This posting offers readings on the future of advice, dual-registered firms, portfolio gaps, and a “cutting edge technology in applied behavioral finance.”

A report by Michael Mauboussin and Dan Callahan provides an opportunity to look first at methods for asset managers to improve, and then at how those ideas can serve as angles of discovery for those doing due diligence on managers.

Mutual fund boards are different from other governing bodies. Here are short items on questions of independence, new rules, performance evaluations, and board assessments.