finance
Simplicity in a Complex World
While attending the CFA Conference… in Chicago a couple of weeks ago, I got to listen to one of my favorite financial voices, James Montier of GMO. In a conference heavy on academic presentations, it was refreshing to hear an investing practitioner hold forth. Presenting his white paper, “The Flaws
The Efficient Frontier?
Investors were once able to diversify portfolios by adding emerging market stocks to the mix. However, emerging stock markets have been trading more or less in lock step with developed stock markets over the latest global economic cycle. The correlation of the MSCI World Equity Index and the MSCI Emerging…
Stocks on the Rise, but with Little Foundation
Here we are a little more than three years removed from the financial crisis-induced stock market bottom and much has changed. Well, some things have changed. For one, the S&P 500 has more than doubled. So the return side of the risk/return equation has moved significantly. What about risk? Certainly…
Conversations at the GLOBE 2012 conference
I recently attended the GLOBE 2012… conference in Vancouver, British Columbia, which is focused on business and the environment. The conference had several intriguing sessions, but the most enlightening was “Sustained Growth and Sustainability: Re-engineering the Economic Model.” The moderator of the session was Paul Clements-Hunt, former Head of the
Global Alliance for Banking on Values Roundtable
Recently, I had the opportunity to sit in on a roundtable discussion chaired by David Korslund, senior advisor to the Global Alliance for Banking on Values (GABV) at New Resource Bank… headquarters in San Francisco. The dialogue centered on the creation of an effective investment vehicle to generate capital for
