CREDIT

Image Credit: Andy Kobel || Remember, the market is mostly a weighing machine, not a voting machine There are three main gripes that I have with respect to the CFA Institute regarding the way they do exams. The exams cost far more than the marginal cost of providing them. CFAI is a nonprofit that acts … Read more

If you held one of the best-performing mutual funds over the past 25 years, chances are it had a 60% drawdown. If you held one of the best-performing stocks over the past 40 years, chances are it had a 70% drawdown. Could you sit through it? Via Mauboussin

Ten years ago, I had recently finished my MBA and was working in business valuation for a public accounting firm. Like many young professionals, I was trying to manage my own portfolio of individual stocks—researching companies, making trades, and constantly second-guessing my decisions. It was time consuming, stressful, and, frankly, not very effective. Then came … Read more

Picture Credit: National Library of Ireland on The Commons || Interest rates always move in lockstep, right? So the Fed loosened 0.50%. Long past the time it should have done so. What was the result on the long end of the Treasury yield curve? Well, look at that! As the Fed cut the short-term policy … Read more

Ladies and gentlemen, this is the final post I will be publishing at The Reformed Broker. After today the site will be inactive, forever. I began this blog in November 2008 without any idea where it would take me. I had a negative net worth, was working at a dead-end brokerage firm job and absolutely … Read more

AI is advancing at breakneck speed, but trust, accountability, and oversight still lag behind. As artificial intelligence systems are increasingly used to make decisions that impact jobs, health, credit, education, and civil rights, a growing chorus of leaders is calling for responsible AI governance that keeps pace with innovation without stifling it. The central question: … Read more

In the era of AI it is essential to stay up-to-date with the latest developments. But with so much information out there, how do you sift through the noise and find the insights that truly matter? If you want to stay updated with the latest AI advancements, subscribing to AI newsletters offers a quick and … Read more

The Legal Innovators California conference in San Francisco, June 11 and 12, is now two weeks away and for just 24 hours we are giving away 10 free tickets that cover Day One, which is focused on law firms, and Day Two which is focused on inhouse and legal ops. But hurry…. The special ticket offer will … Read more

Deep Cognition is thrilled to unveil our website’s fresh, revamped look after months of design and development work. With a modern design, enhanced navigation and exciting new features, the website offers a user experience that reflects our innovative solutions. Deep Cognition was launched in 2017 with a clear mission to solve some of the toughest … Read more