Sitemap - 2025 - Klement on Investing
It’s a little bit more complicated than that
The environmental impact of agricultural crops
Politics is broken, I mean, really
US fiscal folly could create big, beautiful debt spiral
Is macroeconomics a mature science?
To hedge or not to hedge, and how to hedge
I want it to matter, but it doesn’t
How masculine is your portfolio?
It’s a good thing to have several suppliers
Investment heuristics cage match
When looking at private investments, the past is prologue
Equity investors seeking clarity should be careful what they wish for
Green investing with a vengeance
Exactly how damaging is fiscal policy uncertainty?
Casting doubt on risk preferences
Poor regions suffer more from extreme weather
Repost: Armed conflict investor survival guide
Removing crash risk from the carry trade
Companies don’t wait for tariffs to come into effect
European defence supercycle means scrapping deficit fears
Explaining overnight returns in the US
The least surprising way to increase revenues when you are an influencer
Trump tariff reprieve could create more risk in Treasury market
The true information is in the words, not the numbers
Corporate site visits are a win-win
Tripping up sentiment indicators
Using discount to NAV to forecast listed private equity
This is going to be the most boring post of the year
Everyone’s a little bit racist…
What do you do when there is no fundamental value?
How flows change factor performance
Forget Trump. A UK deal with the EU is what matters
The long shadow of the Weimar hyperinflation
Traditional and ESG investors are not that far apart
When anxiety becomes too pervasive
Do lower rates lead to cheaper mortgages? Kind of
Is the Fed left- or right-leaning?
Finding the economic engines of a country
This post will change your life
Trade wars don’t work: The case of export restrictions
Investors could exit tariff purgatory only to enter a capital controls inferno
Investment firms should hire more quants
How not to deal with Chinese EV imports
Chinese fund managers and their superstitions
Hedge funds still aren’t worth the money: Third time lucky?
Nervos belli, pecuniam infinitam
Why are Germans so reluctant to invest in stocks?
Is dollar weakness a panic signal or healthy rebalancing?
The limits to growth… are coming closer
The evolution of overconfidence
Like being a cow in an understocked McDonald’s
Hedge funds still aren’t worth the money: Part 2
When banks rescue the government
Invert, always invert – the tariff edition
How not to close the gender pay gap
Geopolitics doesn’t matter, until it does
Hedge funds still aren’t worth the money: Part 1
How AI revolutionized investment decisions at a major asset manager
The activists focusing on smaller companies
If I ran a gym, I'd be worried
Europe’s fiscal rules need a makeover
People become more selfish during good times
The inflation impact of fiscal stimulus in Europe
Hedge fund managers tell you when they underperform
Fighting Russia with renewable energy
Good news: Happiness isn’t everything
Good news: Skew, for lack of a better word, is good
Good news: The Fed may have tamed the cycle
Good news: Public investment is remarkably effective
Europe’s fiscal splurge could herald decade-long bull market
Good news: ESG funds are cheaper
The long-term war premium in stock markets
Are ESG funds subsidised by their non-ESG siblings?
Bread and circuses, canals and monuments
Import tariffs reduce exports as well
The index inclusion effect is dead
China can teach Europe how to become geopolitically independent
Short-term vs. long-term investors
Environmental vs. disaster fear
These Oscar-nominated movies are soooo disappointing
Why are analyst forecasts so optimistic: Growth assumptions
The returns of venture capital are different
We can deal with floods, but not with droughts and heatwaves
Higher bank capital requirements work
Private equity: Resilient, but not immune
Trump tariffs won’t easily derail euro zone recovery
The anti-climate lobby is winning
You don’t bring me flowers, anymore
Index funds and the rise of mega caps, redux
Deglobalisation: Diversification rather than decoupling
Political stability is necessary to attract investments
When index funds make the market riskier
Tech vol could pull European investors back home
If you get a takeover offer, fight
Children are bad for your career, unless you are a man
Capitalism creates inequality: Stone age edition
Philosophical economics: Shameless robber barons
Can monetary policies inflate a stock market bubble?
Politicians care about (some) debt
California’s electricity conundrum
Philosophical economics: The golden calf of business and finance
Analyst do not read across enough
The impact of renewable energy on electricity costs
Coffee makes men more sociable and women better looking
Philosophical economics: From individualism to libertarianism
Germany will struggle to loosen its debt break
A watershed moment for bond yields
What happens to stocks after an inflation shock?
Philosophical economics: Status anxiety
European stocks offer earnings stability in surprising places
Bad year? Increase risk. Good year? Do the same.
The UK’s failed Annual Investment Allowance