Want to be a better investor? Six tips from Howard Marks, CFA City Talk “No amount of sophistication is going to allay the fact that all of your knowledge is about the past and all your decisions are about the future.” — Howard Marks, CFA Oaktree Capital Management co-chairman Howard Marks, CFA, sat down with Bloomberg senior editor John Authers at the 73rd CFA Institute Annual Virtual Conference and offered [...]
Among the uncertainty, crypotocurrency derivatives should still be treated seriously by investment professionals City Talk Last year saw a major change in the way that news outlets covered bitcoin and other cryptocurrencies. Though cryptocurrencies have generated outrageous headlines in the years since their initial introduction, 2017 marked a milestone in their transition from fringe investment to alternative asset. Bitcoin derivatives, which would make the investment accessible to a broader pool [...]
A US recession is imminent, and Germany may suffer the most City Talk “We have to wait for Germany to make its move,” George Friedman declared at the 2017 CFA Institute European Investment Conference. Friedman, the founder and chair of Geopolitical Futures, has a history of being right when others are wrong and being predictive when others are reactive. He has spent his career navigating the convergence [...]
10 habits of highly effective job seekers June 9, 2017 A good job search ends quickly. An unsuccessful one drags on for weeks or even months with nothing to show for it, except perhaps disinterest, despondency, or even disaster. The work you put into structuring a job search can be more important than the work you dedicate to the search itself. At the 70th CFA [...]
What’s your grey rhino plan? June 1, 2017 In the wake of the 2008 global financial crisis, it was fashionable to discuss black swan events: those rare and catastrophic occurrences that few people predict in advance. Although black swans have major consequences, predicting and preparing for them can be highly impractical. At the 70th CFA Institute Annual Conference, author Michele Wucker recommended financial [...]