Go where the growth is
Growth investing is about finding investments that have good prospects of growing faster than the rest of the market. It turns out, this mindset is also »
Perverse incentive of high water marks
Performance fees are typically only paid on increases in a fund's net asset value over the previous high water mark (the highest net asset value to »
Fund of funds
Even if you have enough cash to meet the demanding minimum requirements to invest in a high-performing hedge fund, it's hard to gain access because fund »
Low volatility anomaly
If you compare the returns from a basket of the lowest beta stocks in the Russell 1000 to the returns from a basket of highest beta »
Blameless reporting
Blameless reporting is an important ingredient in creating a culture of psychological safety. People need to feel comfortable sharing ideas for ways for their teams to »
After action reports
It's tempting to only hold post-mortem meetings when things go poorly. But, these meetings present important opportunities for teams to reflect and learn how to optimize »
Contingency contracts
When you have different assumptions about the future, it's hard to agree on valuations. If a football team disagrees with a player about how much he's »
You get what you inspect, not what you expect
Metrics orient people towards what a team values as most important. If you don't measure something, it's hard to know whether you're getting better or worse. »
Rules and decision making
Crisis exposes weakness. Unfortunately, some decisions are structured in ways that are more prone to failure. Be sure that you're being setup for success. Decisions can »
Risk in long-short arbitrage
Long-short equity is an investing strategy that involves buying long a security that you feel is undervalued while selling short a related security that you believe »