Monthly Archives: May 2012

BNN Clip: We Don’t Rate Countries, We Rate Governments Says Fitch Ratings’ David Riley

Fitch’s group managing director of sovereign and supranational ratings discussed his outlook for Europe and the United States in an interview with BNN’s Business Day. Read More

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Michael Pettis on China: “The Growth Rate in Investment Is Going to Collapse”

The country’s boom has been fueled by government investment, said the professor of finance at Peking University’s Guanghua School, and the current trajectory cannot continue. Read More

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The Allure of Farmland Investments: Consistent Performance, Low Correlation

Growth in the world population and demand for food bode well for the value and returns from direct investments in farmland and farmland-based funds. Read More

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Ariel’s Mellody Hobson: Why Patience and Diversity Lead to Better Investing

In a wide ranging discussion, the president of Ariel Investments explained how her firm’s investment philosophy, corporate culture, and concern for society have contributed to its success. Read More

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Unapologetic after All These Years: Eugene Fama Defends Investor Rationality and Market Efficiency

The father of modern finance took on critics of efficient markets and issued stinging rebukes of “too big to fail” banks, pension plans, active management, and behavioral finance. Read More

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Daniel Kahneman: Psychology for Behavioral Finance

The Nobel Prize winner and preeminent expert on cognitive biases distilled much of his research findings into bite-sized portions. Read More

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Hedge Funds: Important Liquidity Providers and “Small Enough to Fail”

Despite their public perception problem, hedge funds are critical providers of liquidity to markets, according to Sebastian Mallaby. Read More

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A Three-Step Framework for Analyzing Defined Benefit Pension Plans

To determine the true economic status of a company’s plan, investors must look beyond the pension expense number on corporate income statements, says Credit Suisse’s David Zion, CFA. Read More

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Using Social Network Effects to Enrich Yourself Like Facebook Does

Not all professional networks are created equal. But they can be shaped to improve leadership and analyzed for investment insights, says Northwestern University’s Brian Uzzi. Read More

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Day Three Recap: Daniel Kahneman, Pension Finance, Commodity Stocks, and (Social) Network Theory

CFA Institute content director Jason Voss, CFA, provides a few highlights from the third day of the 65th CFA Institute Annual Conference in Chicago. Read More

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