Enterprising Investor

In episode #092, Michelle Clayman, CFA, discusses incorporating non-financial environmental, social, and governance (ESG) data in the investment process.

In episode #089,   Kenneth S. Hackel, CFA, author of the book Security Valuation and Risk Analysis, challenges traditional thinking on important concepts like the cost of capital and free cash flow.

In episode #091, Clifford S. Asness discusses a recent roundtable meeting on the equity risk premium (ERP) where forecasts for the future ERP were below historical levels.

In episode #088, Kurt Schacht, CFA, discusses the new CFA Institute Compensation Discussion and Analysis Template.

In episode #087, Andrew Ang analyzes the use of leverage in hedge funds including the high and low ranges in leverage, which strategies employ more leverage, and how the levels of leverage have changed based on changing market conditions.

In episode #086, Professor Aswath Damodaran discusses current approaches to valuation, particularly discounted cash flow valuation.

In episode #084, Matthew B. McLennan, CFA, discusses his firm's utilization of classic Graham and Dodd investing principles and shares his perspectives on the current opportunities and risks in the equity markets.

In episode #085, Christopher Malloy contrasts the efficient market hypothesis and behavioral finance and discusses how investors can think about an inefficient market.

In episode #083, Daniel Broby, FSIP, discusses some of the best practices in the fund management industry today, the importance of fiduciary responsibility, and the role of codes of conduct.

In episode #082, Lars Christensen discusses central and eastern European markets and compares them with other emerging markets.

In episode #134, Stephen G. Cecchetti discusses commercial bank leverage, calculating risk weightings, and the long-term effects of excessive sovereign debt.

In episode #081, Matt King discusses how recent regulation affects credit investors and markets, noting that these are palliatives that are overshadowed by huge debt accumulation.

In episode #080, Karl Debenham shares his views on the benefits and implications of the convergence of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

In episode #079, Barbara Hauser discusses the kinds of families that can benefit from a formalized governance structure and discusses key considerations when implementing a family governance plan.

In episode #078, Richard Duncan discusses the corruption of capitalism, the secular decline of developed economies, and how global imbalances are destabilizing the world economy.

In episode #077, Dr. Roger King reviews characteristics and complexities of Asian wealth-owning families and the role of family governance in preserving family relationships.

In episode #074, Dan diBartolomeo discusses how pension fund managers have long used asset-liability management (ALM) to manage pension assets.

In episode #076, Kristin J. Ceva, CFA, discusses how emerging market debt fits into a global portfolio from the perspectives of risk, return, and correlation.

In episode #075, Richard Koo discusses effects on Japan's economic growth and policy responses from the real estate bubble that burst in Japan 20 years ago.

In episode #073, Aaron Low, CFA, describes development in the industry in these emerging markets, including the evolution of different business models and prospects for hedge funds.

In episode #062, Michael Syn discusses the basic concepts of capital management and why it is important in wealth management. He offers a fresh perspective on asset allocation as it relates to mean reversion, market timing, bet sizing and leverage.

In episode #072, Séamus P. Finn shares his views on faith-consistent investing in the Christian tradition.

In episode #071, Peter D.A. Stein, CFA, discusses the fallout from the endowment model investment approach of heavily relying on illiquid alternative investments.

In episode #070, Michael Lustig discusses the state of the U.S. residential real estate market and the future of residential mortgage securitization finance including the role of Fannie Mae and Freddie Mac.

In episode #069, Roger Clarke discusses his research into the returns of low volatility vs. high volatility portfolios.