Finance
Who Will Finance the AI Revolution?
Deployment of AI is accelerating exponentially, and the nascent industry requires unprecedented investment to grow. We spoke to two Yale College alums and leaders at Goldman Sachs about where the capital to support an AI transition is coming from.
Is Our Financial System Still at Risk?
Yale’s Andrew Metrick discusses what we learned from the last financial crisis and areas of concern for the future.
Should You Invest in Uncertain Environments?
A focus on fundamentals can reveal opportunities in the Middle East, despite conflict, political upheaval, and economic uncertainty.
What Happens When the Same Investors Own Everything?
Diversification means that in many industries, companies are owned by an overlapping set of investors, reducing their incentive to compete.
Did Finance Make Civilization Possible?
Prof. William Goetzmann traces the millennia-long relationship between finance and the growth of civilization.
Should Investors Look for Stocks with Momentum?
Research by Yale SOM’s Roger Ibbotson suggests that accelerating stocks are prone to sharp reversals.
How Are Hedge Funds Changing?
Putnam Coes ’94 of Paulson & Co. says that starting a new fund is harder than ever.
Can Financial Markets Move Beyond Politics?
Once you start pulling at the strands, the intertwined political and financial systems can prove very difficult to separate. A panel of financial veterans at Yale SOM’s Future of Finance conference considered recent government interventions in markets across a number of countries, and what they mean for investors.
Can Research Generate Returns?
Andrea Frazzini, a principal at research-oriented hedge fund AQR Capital Management, discusses what it takes to put an academic idea to work creating investment advantage.
The Housing Market Still Isn’t Rational
In a New York Times op-ed, Robert J. Shiller explains why the housing market “is far less rational than even the often irrational stock market.”
The Mirage of the Financial Singularity
The financial singularity, a hypothetical state in which powerful computers direct all investment decisions and financial markets become perfect, will never become reality, according to Robert Shiller.
