Enterprising Investor

In Episode #338, David Pope, CFA, of S&P Global Market Intelligence, explains both the general development and specific projects they have conducted to explore developing tools for investment professionals. These tools leverage some of the most recent developments in NLP technology that are used to perform investment analysis.

In Episode #337, New York Times bestselling author and Ted Talk regular, Pico Iyer, discusses the importance of silence for all of us in the modern world.

In Episode #336, recorded live at the 71st CFA Institute Annual Conference in Hong Kong, Oscar N. Onyema, chief executive officer of the Nigerian Stock Exchange and member of the National Council, makes the case for why now is an opportune time to invest in Nigeria, despite ongoing challenges.

In Episode #335, Kate Darling asks the question, "Do robots have rights?" How should we approach this topic from a regulatory perspective? Who are we really protecting when we discuss appropriate human behavior toward robots? Robot ethics is an "emerging" topic—so much so that there is no standard definition as to what it entails.

In Episode #334, Nobel Laureate Daniel Kahneman's talks with us about his simple yet powerful principles on intelligent thinking—such as the System 1 and System 2 thinking processes—provide a practical framework for understanding the mental structures that drive our choices. Investment professionals are constantly required to make decisions in the face of uncertainty. Kahneman's contributions are of special significance to the financial marketplace. In this interview, Kahneman reviews his work and also provides insights on ways behavioral thinking could evolve.

In Episode #333, Steven Eisman, managing director at Neuberger Berman and portfolio manager for the Eisman Group, is known for predicting the global financial crash of 2008 and for being portrayed in the book and the film, The Big Short. In this interview, he addresses several questions, including: Are markets more ethical today than they were in the past? Are there systemic risks in today's market that could see a repeat of 2008? Have regulators done a good job? And the burning question that everyone seems to want the answer to: Does Steve believe there is another "big short" opportunity approaching? Tune in for the answers to these questions and more.

In Episode #332, Alex Murguia, co-founder of inStream and managing principal of McLean Asset Management, discusses the impact of technology on financial planning and wealth management. Financial planning remains a key component of many wealth management offerings and can be a point of differentiation for advisers in otherwise crowded markets. In recent years, increasingly agile technology has transformed financial plans from the multi-paged volumes that tended to gather dust to more cost effective, dynamic, real-time roadmaps and guides for clients' financial lives.

In Episode #331, Amy Florian, CEO of Corgenius, a consulting firm that teaches financial services professionals how to support clients in times of grief, loss, and transition, explains that grief is triggered when there is a break in an attachment. And while we tend to think of this break as the loss of a loved one, positive transitions—such as retirement—can also trigger grief. Florian discusses why it's important for financial advisers to communicate with clients when they are grieving and experiencing difficult times and offers practical tips for compassionate conversations.

In Episode #330, Michael J. Mauboussin, author of The Success Equation, considers the continuum between luck and skill as it pertains to investing. He also shares his thoughts on the price/earnings multiple as a valuation tool, the hallmarks of an effective investment process, and how professional investors might mitigate some of the most common behavioral biases.

In Episode #329, Elizabeth M. Lilly, CFA, founder of a long-only investment firm focused on small-cap and micro-cap equities, explains how her investing style was shaped, in part, by Warren Buffett. She also discusses how she finds investment opportunities, the importance of a strong governance structure in firms, and how she avoids value traps and other pitfalls facing small cap value-oriented fund managers.