In 1831, the French government sent a pair of envoys to America to study the U.S. prison system. One of these envoys, Alexis de Tocqueville,
As we’ve discussed before, equity investing strategies come with plenty of variety. A key strategic—even philosophical—dimension of investing style is value vs. growth. In practice
In many ways, 2023 is shaping up to be a year of AI hype. Generative AI and large language models have become hot buzzwords, and
It’s common for investment job interviews to have some stock pitching component—this can take many forms. This is one I’ve used in the past. While
While a key goal of the blog is to talk in depth about particular books and ideas, I want to start with some very quick
While a key goal of the blog is to talk in depth about particular books and ideas, I want to start with some very quick
While a key goal of the blog is to talk in depth about particular books and ideas, I want to start with some very quick
In thinking about ways in which my personal experience can add value to readers, my experience with the CFA program often comes to mind. Given
We’ve covered a lot of ground—accounting, capital costs, and competitive advantages that help companies earn economic profits. But if we want to invest, we ultimately
In our last post, we covered a concepts like cost of capital and economic profit to consider as a yardstick when evaluating performance of different