Empowering investors to make better decisions.
Storified by CFA Institute · Fri, Apr 19 2013 13:15:52
It's Time to Rethink Growth and the Implications for Sustainable InvestingWe live on a finite planet with finite resources, where continued economic growth is no longer sustainable. As such, we need to rethink how we define growth. As financial professionals and stewards of our clients' capital, we need to take a more balanced approach to investing―one that focuses both on sustainable capitalism and on sustainable growth.
Financial advisers' credentials mislead seniors, watchdog says
The Consumer Financial Protection Bureau said these financial advisers use more than 50 different credentials, some of which they can simply buy online. This creates a confusing array of titles that leaves older Americans vulnerable to abuse, the CFPB's report said.
Markets Insight: Wake up to the #Twitter effect on markets - FT.comHow does crowd psychology affect financial returns? That is a question economists have been pondering ever since traders first huddled in physical trading pits, dealing floors or around computer screens. And this week the issue has become doubly
Prepared remarks of Richard Cordray at the Federal Reserve Bank of Chicago VISA Inc. Financial Literacy and Education Summit - Consumer Financial Protection Bureau
Prepared Remarks of Richard Cordray Director of the Consumer Financial Protection BureauFederal Reserve Bank of Chicago, VISA Inc. Financial Literacy and Education Summit Chicago, IL April 17, 2013 Thank you, Doug, and the Federal Reserve Bank of Chicago also, for inviting me to this summit. I want to speak with considerable urgency today.
The Broader Lessons of Tweedy, Browne Global Value's RevivalBut it would have been unwise to give up on the fund at that point. Its managers had built an estimable record prior to that period. Furthermore, their strategy had been laid out clearly, adhered to consistently, and had a logical underpinning. In addition, there were mitigating circumstances for the fund's underperformance relative to its peers.
Adviser certifications can mislead http://on.mktw.net/16Z4W8X
CFA Says Shareholder `Short-Termism' Detrimental: Video ·
Bloomberg
Cautious investors look for better standards - FT.comThe US stock market may have recovered the ground lost during the financial crisis but the investment management industry is still dealing with the repercussions. Individual investors remain wary and costs of investments are under intense scrutiny.
John Rogers: Roll Out the Rest of Dodd-FrankAs part of an expanded Web presence for the Journal Reports, we have launched The Experts-an exclusive group of industry and thought leaders who will engage in in-depth online discussions of topics raised in this month's Investing in Funds & ETFs Report and all future Reports.
How Short-Termism Invites Corruption--And What to Do About It - HBS Working Knowledge
A long-term time horizon is most sensible where a business or investor has some edge and when short-term risks associated with a longer-term strategy are hedged and opportunity costs minimized. However, when perverse, short-term incentives artificially encourage executives to ignore high-yielding, long-term opportunities, then the costs of short-termism set in.
How an Upstart Fund Beat Its Daddy http://on.wsj.com/10mEe9n
Here are some simple ways to avoid making pricey investment mistakes. http://ow.ly/jD3Xd
Fooled by fund fees - http://FT.com, my piece in today's Financial Times http://on.ft.com/16qkjc7 via @MarkHarrisonCFA
Measurement, Governance and Long-term InvestingThe World Economic Forum (WEF) is a Geneva-based non-profit organization best known for its Annual Meeting in Davos, Switzerland, the Annual Meeting of New Champions in China (Summer Davos) and the Summit on the Global Agenda in Dubai. It also releases research reports such as the Competitiveness Reports and Risk Reports and engages with its members in sector-specific initiatives.
Daniel Kahneman Discusses the Past and Future of Behavioral Finance Research ·
Brightcove
Current Thinking on Investing in Gold and the Gold StandardNewly fashionable economist John Maynard Keynes spent much of his career attacking the human instinct to hoard stores of wealth unproductively. For example, the tons of gold buried under millions of Indian floors, rather than invested productively in working assets or contributing to the financial system and magically raising demand through the economic multiplier.
Here Comes the Slow-Stock Movement http://t.co/JbS9Kz1l35
Impact Investing: Making a Financial and Social ReturnAll investments can have a positive impact on society and the environment, but what distinguishes impact investments is their disclosed intention to make a positive impact and the fact that their impact is measured.
President’s Advisory Council on Financial Capability Releases Final Report http://t.co/aQnOMqDv6g
Murder on the Orient Express: The Mystery of UnderperformanceEvidence increasingly shows that a "crime" of extensive underperformance has been committed in mutual funds, pension funds, and endowment...
