The Robots Are Coming! The Robots Are Coming!

Yes, the robots are coming, but they are not conquering the planet anytime soon — even if that’s what the media hype would have us believe. And they’re not as smart or technologically advanced as we think, according to Kate Darling, a leading expert on robot ethics. Instead of buying into the hysteria of an impending robot revolution, […]
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Asia Rising: China and India in the Next Decade

China and India will be two of the three largest economies in the world by 2025. That’s according to Haiyan Wang, managing partner of China India Institute, and her assertion is supported by the International Monetary Fund and long-term GDP forecasts by the Organisation for Economic Co-operation and Development (OECD). Wang examined the forces that each […]
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Paul Smith, CFA: Purpose, Professionalism, and the Rise of Trust

Taking the stage before an audience of investment professionals at the 71st CFA Institute Annual Conference at the Hong Kong Convention and Exhibition Centre, CFA Institute president and CEO Paul Smith, CFA, issued a rousing call for a more responsible and client-focused finance industry. He laid out the formidable challenges the industry faces, from diminished […]
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18 Chart Crimes and Misdemeanors

Truth is relative, falsehoods are seductive, and shortcuts are commonplace. Chart crimes are a clear manifestation of this. These badly built graphics are blunders at best. Most commonly, they are financial fake news. It’s not an antidote, but I think awareness will help counter this subtle phenomenon. As far as I can tell, the expression “chart crime” […]
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Daughters: The Rising Wealth Influencers

As a high-net-worth financial adviser, I spent a lot of my time talking to men, especially older men, who had the kind of net worth that required an adviser. I had to learn their language and what communication style worked best for them. But moving forward, advisers are going to need to focus on how […]
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Weekend Reads for Investors: From Hong Kong Edition

As you read this, I am in Hong Kong for the 71st CFA Institute Annual Conference where I will be hosting the event’s live web coverage, Conference Live. If you are attending, please stop by and say hello at our studio in the exhibition hall. Throughout the conference, we will be covering many topics that are […]
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Manager Selection and Due Diligence in Autonomous Learning Investment Strategies (ALIS)

We are in the midst of a technological revolution. The increased use of artificial intelligence (AI), machine learning, blockchain, and big data technologies is rapidly changing the asset management industry. A recent survey on the future of the hedge fund industry by the Alternative Investment Management Association (AIMA) found that new “statistical and computational tools, including […]
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Three Investing Lessons from My Mom

As an investment adviser, I seek to help clients protect and grow their wealth. My purpose is simple — to help people lead happier and more prosperous lives. For nearly 20 years, I’ve given a lot of advice. I’ve also relied on a lot of advice — from fellow wealth managers, college professors, friends, mentors, […]
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