Eisman doesn’t see another Big Short
Steve Eisman, whose bet against subprime mortgages was chronicled in a popular movie and book, says reforms have reined in the leverage that led to his ‘end-of-the-world’ short from a decade ago.
Steve Eisman, whose bet against subprime mortgages was chronicled in a popular movie and book, says reforms have reined in the leverage that led to his ‘end-of-the-world’ short from a decade ago.
A Harvard professor told the CFA Institute conference the humanities and finance could inform each other. He said the latter should not be demonised and blamed incentive schemes for many issues.
71st CFA Institute Annual Conference - Photo Gallery
Former US vice-president Al Gore told the Milken conference the world has all it needs to turn potential environmental disaster into the biggest investment coup ever - with the right approach.
Market fundamentals are in great shape and a return to normal volatility won't change that, although debt and cyber-risk are potential dangers, a panel of executives told the Milken conference.
Individual investors are being denied access to tech shares and other growth because fewer businesses are publicly listed, a panel of asset management executives told the Milken conference.
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