Sitemap - 2020 - Klement on Investing
Don’t wait for the mortgage boom
Analysts react to incentives, too
Experience improves your memory – kind of
The truthiness of ESG criticism: Part 2
Nothing new but still impressive
The rising importance of education
The truthiness of ESG criticism
How much should you invest in annuities and equities in retirement?
Maybe analyst recommendations DO add value
A modest proposal for product managers
My book on geopolitics for investors is available for free
When evolution goes wild: Kissing
Why do people invest in stocks?
A new purpose for central banks?
How bad is an increase in debt/GDP really?
Central banks killed currency trading
When video games raise insurance premia
Don’t Put Yourself in a Corner
Don’t take the CEO job at a successful company
A win for Republicans (but not Trump)
A reminder: My 10 rules of forecasting
What gets measured gets done, ESG edition
Democrat or Republican? – Pepsi or Coke?
Who’s afraid of Jerome Powell?
Analysts: Is it better to have technical or social skills?
How to attract better-skilled employees for lower wages
For once, this is not greenwashing
Not even the Fed thinks its new strategy will create inflation
What volatility do investors experience?
Britain should just stop participating in Eurovision
Should you buy a house to save for retirement?
Climate change is going to kill us, but will we care?
The light at the end of the tunnel is very faint
The higher you aim the worse you get
Apparently, ESG did work in the pandemic
When economists make policy recommendations…
When politics trumps fundamentals
Should CEOs be outspoken about ESG issues?
Media and Covid – a missed opportunity
Are finance practitioners getting more scientific?
Female leaders handled Covid better
I am so depressed my forecasts will be great
Combining factors in a portfolio
Brexit: Thelma & Louise edition
Why ESG matters: The case of sexual harassment
Preventing fintech from becoming racist
Want to be happy? Flip a coin!
Thank God for zero interest rates
The benefits of industrial espionage…are large
Why did stocks not outperform bonds for 50 years?
Can anybody catch up with Tesla in time?
The basic law of human stupidity
Activist hedge fund managers are great, but not at being activists
Knowing when to ignore the numbers
The future of factor investing…doesn’t look promising
Boohoo lessons for ESG investing
Does economics make you sexist?
How to measure value these days
Psycho bosses are bad for business
Prepare to fight for democracy
In praise of carbon capture and storage
They weren’t lazy, they were doing research
Forward guidance has made monetary policy less effective
You can only learn so much from a book
The cult of statistical significance
Breaking up is hard to do...but necessary
Women on the board, but please, the right women
Bankers are just like you and me
A slow-motion credit crisis in 2021?
It doesn’t matter how smart you are
Most companies underinvest in cybersecurity
If even the Americans support a Green New Deal…
Shale oil companies aren’t in the clear
Main street, Wall Street and all the other places
Could this be the stupidest argument in the world of economics?
We are not investing enough in energy
Spotify should open a hedge fund
Are stock markets global or local – or both?
Free investment data and a new podcast
It’s raining diamonds on Neptune
Markets are getting more efficient, or are they?
Are reckless CEOs born or made?
And you thought the finance industry charged a lot…
How Facebook and Google create a kill zone
The crisis that didn’t hit the middle class
How much better is the performance of ETF vs. active funds?
Will we learn the right lesson from this crisis?
Micro-efficient, macro-inefficient
Re-introducing regulations after the crisis is not going to be easy
Are intangibles the bane of value investors?
Forecasting the world after Covid-19
The optimal way out of lockdown
ESG investing in practice: Same return, lower risk
What if this turns into another financial crisis?
Career consequences of cooperation
The push for climate action is here to stay
Long-term investors are skewed
Manipulating consensus forecasts
Media matters for the share price
Not everything that counts can be counted
A potentially fatal flaw in blockchain
ESG investments and the current crisis
Are we going to abandon China?
When comes the political reckoning?
Robo-advisers are easy to blame
The state of diversification is worse than you think
Finance, Bubbles, Negative Rates: The What Ifs . . . ?
The deadly reality of Covid-19 - corrected version
Competitive coordination in a pandemic
The more you know a stock the worse your performance gets
On paperclips and shareholder value
Stock index weights are … different
The cost of climate mitigation revisited
Your everyday price manipulation
What comes next and how to help
There is no law of gravity in finance
Invert, always invert – the Covid-19 edition
It's not (going to be) easy being green
Fed Quick Take: Throwing the kitchen sink
There are only two ways to survive these markets
Let’s not waste another crisis
Why are investors not paying for advice?
Should fund managers just stop touching their portfolios?
The difficult task of CO2 accounting
How exceptional are current unemployment rates?
The most important paper to understand ESG investing
The make-up of the shadow economy
Avoiding the middle income trap in China
What to do with negative rates?
ESG investing is a moody thing
How to create a VC bubble in five easy steps
Is socialism good for the economy?
The shadow payment system: An ignored risk
Plenty of conventional funds are green
Don’t hire Barry White as your CEO
Equity returns don’t compensate for downside risks
Smokers have worse performance
China, Coronavirus and the middle income trap
Investing in demographics is a stillbirth
Is there a green bubble forming?
The Virtuous Investor: Rule 22
Stop worrying and learn to love momentum
Coronavirus: How bad can it get?
Let it gush or: Let it bleed, part II
The Virtuous Investor: Rule 21
The investor’s fallacy – A comment
The distribution of stock market returns
The Virtuous Investor: Rule 20
Who will be left holding the bag?
The Virtuous Investor: Rule 19
Is Brexit ‘certainty’ going to boost the UK economy?
Populist policies and the US manufacturing slowdown
Bonus: Ten things that will happen in the next decade