Author Archives: David Larrabee, CFA

David Larrabee, CFA, is director of Member and Corporate Products at CFA Institute and serves as the subject matter expert in portfolio management and equity investments. Previously, he spent two decades in the asset management industry as a portfolio manager and analyst. He holds a BA in economics from Colgate University and an MBA in finance from Fordham University. Topical Expertise: Equity Investments · Portfolio Management

Three Decades of Financial Engineering by Central Bankers Have Yielded “Age of Financialization”

Credit inflation and devalued money have fostered short-termism and a growth obsession that have overshadowed attributes like patience and thrift, says Edelweiss Holdings’ Dylan Grice. Read More

Posted in Archives, Economics | Tagged , , | 1 Comment

The Fallibility of Efficient Markets Theory

Paul Woolley, a senior fellow at the London School of Economic and Political Science, neatly made the case that it’s long past time for professional investors to set aside the Efficient Market Hypothesis as the basis of most asset management strategies. Read More

Posted in Archives, Behavioral Finance, Equity Investments, Portfolio Management, Risk Management | Tagged , , | 8 Comments