Enterprising Investor

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 biases—such as overconfidence—and emotional biases, which make it hard to learn from experience. This gives an illusion of control that, if we could learn to overcome, could lead to better investment decisions. Can we make our own luck, or do we just have to deal with the cruel vicissitudes of life? At the end of the day, Professor Gaba says that we have to make the best decisions that we can in the moment but that we are all exposed to the uncertainty of life.

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 of special significance to the financial marketplace. In this interview, Kahneman reviews his work and also provides insights on ways behavioral thinking could evolve.