Klement on Investing

Klement on Investing

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The thin edge of the wedge
I have written before about the wedge in conviction about the importance of ESG to investment decisions.
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Joachim Klement
2
Soft power through cuddle power
Both the US and the UK have reduced their international aid budgets this year, resulting in a significant loss of soft power for both countries.
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Joachim Klement
2
Who friendshores and why?
Ever since Donald Trump's arrival on the political stage a decade ago, the US has shifted its focus away from China and other trade partners.
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Joachim Klement
What you see is all there is
One of the enduring concepts introduced by Daniel Kahneman in his book “Thinking, Fast and Slow” is “What you see is all there is”, our tendency to only…
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Joachim Klement
2
Factor anomalies 1900 to 1925
Long-term readers will know that one of my key tenets about investment returns is to try to falsify findings out of sample.
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Joachim Klement
5
The cost of greenwashing
In the past, the focus of professional ESG investors was on getting better disclosure and increased transparency of a business’ environmental and social…
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Joachim Klement
1
Boost German consumption, blow up more ATMs
It’s a cultural thing, but Germans on average have a higher savings ratio and consume less than other Europeans.
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Joachim Klement
8
Fiscal reaction to interest rate changes
Normally, I write about monetary policy only when the Fed has a meeting, but today, when the ECB may or may not cut rates one more time, I wanted to…
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Joachim Klement
3
Do you trust AI forecasts?
Analysts are using AI more and more as part of their research process.
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Joachim Klement
5
It’s a little bit more complicated than that
When it comes to making a point, there is a fine line between being nuanced and accurate and oversimplifying things to emphasise a conclusion.
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Joachim Klement
The environmental impact of agricultural crops
We need to feed 8 billion people in the world.
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Joachim Klement
1
Politics is broken, I mean, really
Here in the UK, we have had a week of assessments of Labour’s first year in office.
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Joachim Klement
6
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