Enterprising Investor

In Episode #347, Richard Howitt, CEO of the International Integrated Reporting Council, discusses the power of Integrated Reports for investors. For example, their additional detail on multiple sources of capital and return; their prospective, not retroactive nature; and their insistence on executive management narrative to help make sense of data.

In Episode #346, Roger Urwin, lead author of the CFA Institute report Investment Firm of the Future , and Willis Towers Watson's global head of content, along with Richard Howitt, CEO of the International Integrated Reporting Council, discuss the report, as well as pertinent details with which all investment pros should familiarize themselves.

In Episode #345, Matt Gertken, geopolitical strategist at BCA Research, shares his thoughts on some of the current largest geopolitical topics that we should all be thinking about. From China to Russia, via the United States, there is a lot to consider in terms of the big picture. Mr. Gertken talks about the likely shift in power from west to east—both politically (global influence) and economical...

In Episode #344, recorded at the 71st CFA Institute Annual Conference in Hong Kong, Mary C. Gentile, creator and director of Giving Voice to Values (GVV) at the University of Virginia Darden School of Business, explains the values-driven leadership that is at the center of GVV, an innovative approach to values-driven leadership development in business education and the workplace.

In Episode #343, Jane Hyun, founder and president of Hyun & Associates and former recruiting executive at multiple investment banks, discusses the nuances and importance of understanding cross culturalism for advancing your career.

In Episode #342, Anil Gaba, professor of decision sciences and the Orpar Chaired Professor of Risk Management at INSEAD, explains how risk and uncertainty are not the same and how control can be gained by paradoxically giving up control. Professor Gaba offers a fascinating insight into luck, chance, control, the illusion of control, and decision making. For example, behaviorally we have cognitive...

In Episode #341, Bruce Tomlinson, CFA, draws upon his extensive experience as an alternative assets manager to provide an overview of qualitative and quantitative techniques asset owners can use to screen for superior performance.

In Episode #340, investment strategist Joachim Klement, CFA, explains how seasoned investors might better capitalize on their experience, shares his views on a range of behavioral biases that affect the decision-making of both asset managers and asset owners, and weighs in on the efficacy of certain valuation conventions and market anomalies.

In Episode #339,   Chris Ailman provides his insights as a CIO on dealing with governance issues in the marketplace. The interview provides a comprehensive overview of a range of topics from governance issues and the mistakes companies make to the latest trends in the ESG world.

In Episode #338, David Pope, CFA, of S&P Global Market Intelligence, explains both the general development and specific projects they have conducted to explore developing tools for investment professionals. These tools leverage some of the most recent developments in NLP technology that are used to perform investment analysis.

In Episode #337, New York Times bestselling author and Ted Talk regular, Pico Iyer, discusses the importance of silence for all of us in the modern world.

In Episode #336, recorded live at the 71st CFA Institute Annual Conference in Hong Kong, Oscar N. Onyema, chief executive officer of the Nigerian Stock Exchange and member of the National Council, makes the case for why now is an opportune time to invest in Nigeria, despite ongoing challenges.

In Episode #335, Kate Darling asks the question, "Do robots have rights?" How should we approach this topic from a regulatory perspective? Who are we really protecting when we discuss appropriate human behavior toward robots?  Robot ethics is an "emerging" topic—so much so that there is no standard definition as to what it entails. 

In Episode #334, Nobel Laureate Daniel Kahneman's talks with us about his simple yet powerful principles on intelligent thinking—such as the System 1 and System 2 thinking processes—provide a practical framework for understanding the mental structures that drive our choices. Investment professionals are constantly required to make decisions in the face of uncertainty. Kahneman's contributions are...

In Episode #333, Steven Eisman, managing director at Neuberger Berman and portfolio manager for the Eisman Group, is known for predicting the global financial crash of 2008 and for being portrayed in the book and the film, The Big Short . In this interview, he addresses several questions, including: Are markets more ethical today than they were in the past? Are there systemic risks in today's mark...

In Episode #332, Alex Murguia, co-founder of inStream and managing principal of McLean Asset Management, discusses the impact of technology on financial planning and wealth management. Financial planning remains a key component of many wealth management offerings and can be a point of differentiation for advisers in otherwise crowded markets. In recent years, increasingly agile technology has tran...

In Episode #331, Amy Florian, CEO of Corgenius, a consulting firm that teaches financial services professionals how to support clients in times of grief, loss, and transition, explains that grief is triggered when there is a break in an attachment. And while we tend to think of this break as the loss of a loved one, positive transitions—such as retirement—can also trigger grief. Florian discusses...

In Episode #330, Michael J. Mauboussin, author of The Success Equation , considers the continuum between luck and skill as it pertains to investing. He also shares his thoughts on the price/earnings multiple as a valuation tool, the hallmarks of an effective investment process, and how professional investors might mitigate some of the most common behavioral biases.

In Episode #329, Elizabeth M. Lilly, CFA, founder of a long-only investment firm focused on small-cap and micro-cap equities, explains how her investing style was shaped, in part, by Warren Buffett. She also discusses how she finds investment opportunities, the importance of a strong governance structure in firms, and how she avoids value traps and other pitfalls facing small cap value-oriented fu...

In Episode #328, we visit with Dr. Notebaert,founder and CEO of One Step Ahead—Notebaert Consulting, which specializes in helping companies and people put neuroscience into practice.

In Episode #327, Omar Selim, founder and CEO of Arabesque, an ESG quant asset management firm, sits at the nexus of ESG, machine learning, and big data. In this interview, Selim tells viewers why he believes Arabesque is "the Tesla of finance," what he thinks finance will look like in the next decade, and what it means to build a values-based asset management firm.

In Episode #326, Roberto Rigobon describes the Billion Prices Project, an alternative measure of inflation he developed with a colleague at MIT. He discusses the inspiration behind the Billion Prices Index, its composition and correlation to the US Consumer Price Index (CPI), and the practical implications of this work for policymakers and asset managers.

In Episode #325, John Wilson explains how to integrate key tenets of environmental, social, and governance (ESG) investing into the equity research process. He also offers insights into the outlook for ESG investing, including the opportunities and challenges it offers, as well as the prospects for improved ESG-related disclosure by firms.

In Episode #324, Christine L. Todd, CFA, shares her outlook for infrastructure spending in the United States and explains both the benefits and risks associated with investing in infrastructure through US municipal bonds.

In Episode #323, Heather Brilliant, CFA, Managing Director, Americas, at First State Investments, explains what it will take to make that shift and what needs to change for the industry to routinely act in the best interests of the client. She also discusses why we need to rebuild trust in the industry and the importance of assembling diverse investment and leadership teams.