The Inherent Complexity of Investment Problems
Finding solutions to complex problems is often not about more information, as we do in statistics, but about finding novel ways to combine existing information, Professor Carsten Murowski says. Unfortunately, this is where computers fail miserably.
In Search of Temperament Final – Measuring Success
This is the sixth and final instalment in our series on the ideal investor temperament. So far we’ve considered curiosity and flexibility, contrarianism, patience, self-awareness and self-control and probabilistic thinking. This post is all about how the best investors measure success and how they treat others. What’s Your Scorecard? You might think that successful investors […]
Future Fund Appoints Sue Brake in Deputy CIO Role
Australia’s sovereign wealth fund, the Future Fund, has appointed Sue Brake as Deputy Chief Investment Officer, Portfolio Strategy. In this role, Brake will report to Chief Investment Officer Raphael Arndt. Brake will lead the Future Fund’s Portfolio Strategy function, which is responsible for undertaking macroeconomic and capital markets research and blending this with the bottom-up […]
Moral Hazard in China is Breaking: Fidelity
The Chinese government’s willingness to let private companies default on their debt is a sign of a maturing domestic market and helps price debt issuances more accurately, according to Fidelity International. Bryan Collins, Head of Asian Fixed Income at Fidelity, argues the corporate bond market in China is still relatively young and when the first […]