Tag Archives: investment

The Art of Banking: a joke (i.e. an insight) from Wall Street

An old Wall Street joke tells about a junior financial journalist that naively asked the manager of investment banking division: “Why do customers keep buying mutual and provident funds despite their scant profits and low yields?” The senior financier amusedly looked … Continue reading

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The potential and the limitations of venture capital as a source of funding for clean energy.

If venture capital’s role in clean energy is to be more transformative in creating a sustainable society then the trends revealed in this (free access) paper must gain momentum, but whether these trends will continue to gain momentum is not … Continue reading

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The Sense of Dissonance: Accounts of Worth in Economic Life

David Stark argues, firms would often be better off, especially in managing change, if they allowed multiple logics of worth and did not necessarily discourage uncertainty. In fact, in many cases multiple orders of worth are unavoidable, so organizations and firms … Continue reading

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Is College a Focal Point of Investor Life? Yes

“Is College a Focal Point of Investor Life?” (free access) is an interesting article by Massimo Massa and Andrei Simonov that analyzes the link between college interaction and portfolio choice. The researchers consider both the general imprinting of values shared by all the students … Continue reading

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Codes of Finance: Engineering Derivatives in a Global Bank

Codes of Finance is an unusual, provocative, and compelling account of today’s structured financial products. The financial industry’s invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. … Continue reading

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