22 Nov 2024 - This blog is the third in a three-part weekly series by Ludovic Phalippou, PhD. How does the internal rate of return (IRR) work and why do investors need to be careful not to view the metric as an equivalent measure to a rate of return on investments? Ludovic Phalippou, PhD, offers a critical examination of how IRR is often misinterpreted in private markets. In this second of his three-part series, he shares a simple smell test investors can use to evaluate fund managers’ performance claims.

20 Nov 2024 Explore the nuanced world of investment risk with Sandeep Srinivas, CFA. He makes his Enterprising Investor debut with a post that dives into the difference between low probability and low risk, offering practical strategies for managing leverage and safeguarding capital. Learn why focusing on strong balance sheets and avoiding extreme payoffs can lead to sustainable, long-term success.

18 Nov 2024 As global capital stock surpasses $795 trillion, the trends shaping multi-asset investing are clearer than ever. Diversification, alternative investments, and liquidity management are no longer optional. They are essential for navigating today’s increasingly complex markets. Markus Schuller, Nithunraj Periasamy, and Andrea Vacchino discuss how tools like the Global Capital Stock benchmark are helping investors optimize portfolios in an increasingly complex financial landscape.