Archive for the 'Exogenous Variables' Category

About exogenous variables that effect capital markets, such as demographics, war, leadership, economic theory, and new technology …

The heroic, solitary security analyst is long gone

Heroic solitary security analysts, like Warren Buffett and Benjamin Graham are figures of the past — vestiges of forgotten times when capital markets were much, much simpler than today. […]

Obama’s health care plan and the future of US doctors

Like all proposals that come from the Obama administration, details of the President’s multi-trillion dollar public health care plan are murky and shrouded in controversy. However, the essentials are simple: […]

British CFAs reject the Efficient Market Hypothesis

According to the Financial Times (June 16, 2009), the British Chartered Financial Analyst Institute recently polled its members and found that 77% either “strongly” or “very strongly” disagreed that investors behaved rationally. […]

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