Don’t abandon valuation fundamentals throughout the COVID-19 disaster, says Aswath Damodaran: “It’s exactly occasions like these that they matter most.” Julie Hammond, CFA, discusses insights from Damodaran’s presentation on the 73rd CFA Institute Annual Digital Convention.
Ought to we ignore claims that one political social gathering or one other is best for markets? Joachim Klement, CFA, sifts via the proof.
“Shares rallied as a result of . . . ” Many kinds of monetary information tales are greatest averted. Binod Shankar, CFA, identifies those who most need to be ignored.
“Superior investing has to come back from appropriate idiosyncratic selections,” Howard Marks, CFA, instructed John Authers on the 73rd CFA Institute Annual Digital Convention. Peter M.J. Gross considers Marks’s vantage level.
What do speeches by President Jimmy Carter and John Belushi’s Bluto Blutarsky say about immediately’s financial system? Emil Kalinowski, CFA, offers his take.
The golden age of fastened earnings is over, Mark Armbruster, CFA, writes. Meaning we have now to rethink portfolio administration and danger management.
Does market historical past supply any parallels to immediately’s novel coronavirus disaster? Laurence B. Siegel weighs in.
“This time is completely different” may be the 4 most harmful phrases in investing. “Uncorrelated returns” could be the 2 most profitable. So does personal fairness really supply any? Nicolas Rabener examines the information.
“In and of themselves, upside-down charges — virtually completely restricted to the sovereign bonds house — do make sense,” Emil Kalinowski, CFA, writes. “They reveal the excessive value of staying solvent.”
Personal fairness and enterprise capital performance-enhancing methods usually are not simply completely different, says Sebastien Canderle, they’re exact opposites.
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All posts are the opinion of the writer. As such, they shouldn’t be construed as funding recommendation, nor do the opinions expressed essentially replicate the views of CFA Institute or the writer’s employer.
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