Author Archives: Rob Gowen, CFA

Robert Gowen, CFA, is Head of Product Solutions at CFA Institute, where he oversees a team of content directors that contribute daily to Enterprising Investor. Prior to joining CFA Institute, he worked in the institutional investment industry for BB&T and Fidelity Investments. Gowen earned a BA in economics from Washington University in St. Louis and an MBA from the Darden School at the University of Virginia.

Chinese Government Bonds: The Elephant in the Room

China’s government fixed-income market constitutes a US $12-trillion opportunity, according to Emil Nguy. Read More

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C. Thomas Howard Urges Practitioners to “View the Markets as They Are”

C. Thomas Howard, an opponent of the efficient markets hypothesis, advocates for a radical departure from the idea of diversification at the core of a healthy portfolio. Read More

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Sovereign Wealth Funds (SWFs) Are Poised to Change the Business of Asset Management

Financial intermediaries beware. Sovereign wealth funds (SWFs) have the size and scale to change the traditional model of investment management. Read More

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Is Homo Economicus Extinct?

Our state of mind greatly affects the way we look at risk. This is a significant departure from the idea that humans are perfectly rational beings. Read More

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Capital Conundrum: Evaluating a Management Team’s Research and Development

Lag time, accounting rules, and dollar-for-dollar mapping challenges make research and development spending tough to evaluate, and yet it is central to the analyst’s understanding of some firms. Read More

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Deductive, Inductive, Pragmatic: Three Views on Investment Risk

Risk management approaches run the gamut from philosophy to science to herd mentality. Read More

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Trust: The Core of Client Relationship Management

Lim How, the author of two books about motivation, discussed the challenges investment professionals face when building trust with clients and co-workers. Read More

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Securities Research: What Every Sell-Side Analyst Should Know

Consultant Jeremy Bolland offers some simple tips for managing and mitigating the risks associated with writing and publishing research reports. Read More

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Aswath Damodaran: Valuation in the Face of Uncertainty

The NYU professor applies a common-sense, mathematical approach to challenge general “rules of thumb” of valuation while still using accepted methodologies, such as the discounted cash flow model. Read More

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Search for Stability: Regulation, Reform, and the Role of Monetary Policy

Former U.S. Federal Reserve Bank governor Randall Kroszner says that the best preparation for any economic crisis is knowing history. Read More

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