Key Points:
- Fama and French’s Five-Factor Model Revisited: A closer look at the effectiveness of Fama and French’s five-factor model in explaining returns.
- Aswath Damodaran on Valuing Young Companies: Insights from Aswath Damodaran on valuing young companies and the importance of being less wrong than others in investing.
- The ESG Contradiction: The inherent conflict between environmental, social, and governance (ESG) goals in investing and the need to address this contradiction.
- The Impact of Sanctions on Russia: An analysis of the economic embargo on Russia and its potential consequences.
- The Discounted Cash Flow Model: The relevance and necessity of the discounted cash flow model in today’s market.
- Strategies for Mitigating Sequence of Returns Risk: Six strategies for safeguarding retirement portfolios against sequence of returns risk (SoRR).
- Building a CAPM That Works: Addressing the limitations of the capital asset pricing model (CAPM) and proposing modifications.
- Exploring the Equity Risk Premium: Insights from industry experts on bubbles and the momentum factor in relation to the equity risk premium.
- The Three Capitals of Career Success: The importance of human, financial, and social capital in building a successful career in finance.
- The 3Ps Method for Persuading Clients: Using the 3Ps method (perseverance, perspective, and positivity) to transform rejection into approval when dealing with clients.
1. Fama and French: The Five-Factor Model Revisited
Derek Horstmeyer, Ying Liu, and Amber Wilkins analyze the effectiveness of Fama and French’s five-factor model in explaining returns.
2. Tell Me a Story: Aswath Damodaran on Valuing Young Companies
Roger Mitchell explores insights from Aswath Damodaran on valuing young companies and the importance of being less wrong than others in investing.
3. The Elephant in the Room: The ESG Contradiction
Andrea Webster, Paul Smith, CFA, and Kübra Koldemir discuss the inherent conflict between environmental, social, and governance (ESG) goals in investing.
4. How Long Can Russia Withstand the Sanctions?
Joachim Klement, CFA, predicts the potential toll of economic sanctions on Russia and calculates the impact.
5. Investing’s First Principles: The Discounted Cash Flow Model
Brian Michael Nelson, CFA, explains the relevance and necessity of the discounted cash flow model in today’s market.
6. Retirement Income: Six Strategies
Krisna Patel, CFA, shares six strategies for mitigating sequence of returns risk (SoRR) to safeguard retirement portfolios.
7. Building a CAPM That Works: What It Means for Today’s Markets
Jacques Cesar explores the limitations of the capital asset pricing model (CAPM) and proposes modifications to make it more practical.
8. Equity Risk Premium Forum: Don’t Bet Against a Bubble?
Cliff Asness, Rob Arnott, Roger G. Ibbotson, and other industry experts discuss bubbles and the momentum factor in relation to the equity risk premium.
9. A Tale of Two Suits: The Three Capitals of Career Success
Paul McCaffrey considers Eric Sim, CFA’s personal story and the importance of human, financial, and social capital in building a successful career in finance.
10. From No to Yes: Persuading Clients with the 3Ps Method
Simon Mortlock and Eric Sim, CFA, discuss the 3Ps method (perseverance, perspective, and positivity) and its application in transforming client rejections into approvals.
If you liked this post, don’t forget to subscribe to the Enterprising Investor.
All posts are the opinion of the author. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.
Image credit: ©Getty Images / RomoloTavani
Professional Learning for CFA Institute Members
CFA Institute members are empowered to self-determine and self-report professional learning (PL) credits earned, including content on Enterprising Investor. Members can record credits easily using their online PL tracker.
