Archives

In addition to the headline topics, there are items on AI in asset management, investing as science/art/practice, a research tip, hedge funds, investment philosophy, annual letters, politics, changing factor results, and more.

Readings on opening up the due diligence process, finding alpha from asymmetry, market anniversaries, the R&D factor, five ways of thinking about China, a history of the VIX, narrow perspectives, and much more.

Quite a mix of topics in this edition: the Yale model, portfolio optimization, asset management success, machine learning attribution, investment conferences, correlations, and Santa (a little early).

It may be the August lull, but peek inside for articles on Goldman Sachs, AI investing, ideas from “Twitter,” multi-manager hedge funds, private credit, moats, macro illusions, investment networks, how many managers you should have, and still more.

Among the many topics in this issue: the single decision facing asset managers (and how they should meet allocators), a short history of the bond market, partisan portfolios, private debt, target-date funds, and innovation opportunities.

In addition to the titled themes, some of the topics in this issue are lowball guidance, looking for truthful filings, alpha from index funds, infrastructure, subscription lending, and behavioral attribution. Plus a bunch of good questions and Goldilocks models.

The beliefs of two successful investment firms, subscription lines, the most successful ETF launch, sovereign development funds, endowments and inflation, CFA formulas, and “sex, drugs, and spreadsheets.”

In this issue: the state of asset management, Two Sigma, private credit, using drugs “to produce business breakthroughs,” the double-attrition problem in wealth management, workplace culture, and much, much more.

Main sections on the equity risk premium, culture and key-man risk, AI resources, and ROIC migration. Plus: ESG, structured products, continuation funds, merger arbitrage, the end of cheap RIA capital, and much more.

The hottest stories in the investment world, plus intangible value, salesmanship, hidden leverage, lessons from Steve Cohen, Gen Z, diverse perspectives, tokenization, activists, and messy organizations.

Great reads from around the ecosystem, including multi-manager hedge funds, family office costs, hiccups in RIA land, a new way to think about allocations, and what asset managers can’t say. And, don’t be a buckethead.

In addition to the headline items, dig into readings about shadow banks, direct indexing, the research settlement twenty years on, regulatory arbitrage, ESG debates, “BuyIRR Beware,” and more.

This edition of the Fortnightly features a few items about private equity, context on Silicon Valley Bank, and a peek in a black book about the new investment regime. Plus a wide range of other readings of interest.

This edition explores risk-mitigating strategies, group effectiveness, investor psychology, the culture of busyness, and GPT coming to the investment world. But that’s just a slice of what’s here.

The latest biweekly collection of curated articles runs the gamut from anomalies to Z-Scores (with M-Scores somewhere in the middle). Asset classes, organizations, people, and flux.