Martin Fridson

Martin Fridson

US President Donald Trump’s renewed pressure on Fed chair Jerome Powell has stirred speculation in the bond and futures markets.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Fed independence tested, but investors shouldn’t expect a pivot

Given Fed chair Jerome Powell’s characteristically deliberate approach to monetary policy, there is little reason to expect presidential pressure to prompt a dramatic pivot

The authors reported that the failure rate of M&A is on the upswing. Also, conglomerate acquisitions – purchases of companies unrelated to the acquirer’s core business – have made a strong comeback.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Book review: The M&A Failure Trap

Hopefully the corporate executives, directors, and investors to whom the book is addressed will imbibe its important message and adapt their future behaviour in line with its precepts

The authors of "Resistance Money: A Philosophical Case for Bitcoin" argue that the cryptocurrency's positives outweigh the negatives.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Making a philosophical case for Bitcoin

The authors of ‘Resistance Money’ argue that users’ ability to defend themselves against financial censorship is among the cryptocurrency’s top merits

Economist Milton Friedman found that controlling the quantity of money was the key to maintaining stable economic growth.
INSIGHTS FROM CFA SOCIETY SINGAPORE

On economist Milton Friedman and a deeper understanding of economic theory

Biography by Jennifer Burns isn’t a quick read, but it’s a lively one

Renoir's Two Sisters (On the Terrace). According to The Worth of Art by Cifuentes and Charlin, a Renoir is likely to fetch a higher price if sold in New York than elsewhere.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Book review: Exploring quantitative techniques for valuing art

Authors of The Worth of Art maintain that some techniques used to evaluate common stock may be used for art

Convertible securities have historically returned approximately as much as common stocks over the long term
INSIGHTS FROM CFA SOCIETY SINGAPORE

Book review: Just about all you need to know about convertible securities

Book provides pointers on the use of convertibles for diversification or to optimise a capital structure