Stephen Foerster

Finance prof, Wharton grad, CFA, author, researcher. I'm always curious about what drives stock returns.

[Stephen Foerster @ProfSFoerster]

I just published Is DJT Stock Just a Donald Trump Hot Air Balloon? https://t.co/mDj7YmZhNc

[Stephen Foerster @ProfSFoerster]

I believe that one of the most important skills is critical thinking, and looking at an issue from different perspectives. For example, on the topic of ESG investing, I'd encourage everyone to read the opinion pages from both a right-leaning newspaper lik…https://t.co/UUsxC1ytiH

[Stephen Foerster @ProfSFoerster]

Now that the Ivey Business School at Western University Women in Asset Management (WAM) program is in its second year we’ve had a chance to reconnect with some of our WAM 2022 alumnae, at networking events as well as informal in-person coffee chats. It’s…https://t.co/GHZ1nw2N6T

[Stephen Foerster @ProfSFoerster]

Here’s my latest investing blog, a “101” basics all about GenAI from a potential investing perspective. This isn’t a bait-click “10 Generative AI Stocks You Should Own.” Rather, I discuss:
·      What is ChatGPT, and why all the hy…https://t.co/dMM5Mc956Y https://t.co/pJSprS0UW1

[Stephen Foerster @ProfSFoerster]

My blog today is in memory of Harry Markowitz, an intellectual giant who shaped the investment industry, and who passed away a few days ago at age 95. Andrew Lo and I owe the existence of our book, In Pursuit of the Perfect Portfol…https://t.co/0uqpxH8nAL https://t.co/iEiLp5YUuo

[Stephen Foerster @ProfSFoerster]

I'm excited to share that my book with Andrew Lo, In Pursuit of the Perfect Portfolio, is now available in both Chinese complex (Chinese Times Publishing Company) and Korean (Bookon, Korea Investment Education Research Institute). The book is also availab…https://t.co/9gh7snuwBU

[Stephen Foerster @ProfSFoerster]

We were very excited to wrap-up the in-class portion of our Ivey Business School at Western University Women in Asset Management 2023 program https://t.co/3mgGIZZlEC. During the past month we've transformed these 41 exceptional women who have now acquired…https://t.co/EwV8MMXLWO

[Stephen Foerster @ProfSFoerster]

Here's some interesting analysis of the college network of pioneers (and their influencers) featured in our book In Pursuit of the Perfect Portfolio.

#investing https://t.co/Nn4IkIaUUA

[Stephen Foerster @ProfSFoerster]

My latest Perfect Portfolio Investing blog addresses the topic of the latest debt-ceiling crisis by reviewing history, making the case that the U.S. is already a serial defaulter. I explain why it matters if the U.S. defaults once…https://t.co/c3zszGOMeF https://t.co/WdhPaMxYkV

[Stephen Foerster @ProfSFoerster]

We’re delighted to have BCI as a new sponsor this year. Our students will now be learning about asset management through their summer internships in Victoria, Toronto, and Montreal. https://t.co/7C2gOFaDor

[Stephen Foerster @ProfSFoerster]

We were delighted to have representatives from PSP Investments join us at the Ivey Business School at Western University Women in Asset Management program. Our students learned about the Canadian and worldwide public pension fund landscape. We're proud to…https://t.co/e1Rg07kQEs

[Stephen Foerster @ProfSFoerster]

We were delighted to have Chris Tambakis, CEO of Adgar Canada, join us at the Ivey Business School at Western University Women in Asset Management program to talk about commercial real estate as an important asset class. #womeninbusiness https://t.co/ygKSeAQoGG

[Stephen Foerster @ProfSFoerster]

Today we were excited to welcome 42 students into the Ivey Business School at Western University Women in Asset Management program. This is our 2nd cohort, up from 33 last year, and we welcome 3 students from McGill. These energetic, bright women will be…https://t.co/WiyOWqxvEs

[Stephen Foerster @ProfSFoerster]

Here's your quote of the day, from Bill Sharpe. He was asked to comment on a fact sheet (since amended) fo the $1.5b Clifford Enhanced Lending Fund, that showed a Sharpe ratio of greater than 10 and a beta of zero. Remember, there's no such thing as a fre…https://t.co/fMiFrSOfN8

[Stephen Foerster @ProfSFoerster]

Here's your quote of the day, from Bill Sharpe. He was asked to comment on a fact sheet (since amended) fo the $1.5b Clifford Enhanced Lending Fund, that showed a Sharpe ratio of greater than 10 and a beta of zero. Remember, there's no such thing as a fre…https://t.co/JD5sfYXbUJ

[Stephen Foerster @ProfSFoerster]

Here's my quote of the day, about the audit failure at SVB two weeks before its collapse. Repeat after me: "Bond prices move inversely with yields…" #audit #banks #bankrun https://t.co/fRbdyY4Hgy

[Stephen Foerster @ProfSFoerster]

We were excited to kick-off the 2023 Ivey Women in Asset Management Pre-Program Weekend, with 42 exceptional young women. Moreover, we were thrilled to have our first alumnae panel. Special thanks to our WAM 2022 panelist, Katie McCarter, Sanskriti Pundir…https://t.co/r4KrqcquXA

[Stephen Foerster @ProfSFoerster]

What causes bank runs? There's a delightful anecdote in the book The Panic of 1907 by @Bob_Bruner and Sean Carr: "In the mid-1980s, a long line in from of a Hong Kong pastry shop adjacent to a bank triggered a bank run. Depositors assumed that the line w…https://t.co/HetXuzc0Br

[Stephen Foerster @ProfSFoerster]

Here's the best banking description of all time, by George Bailey (Jimmy Stewart) in It's a Wonderful Life: “You’re thinking about this all wrong, as if I have the money back in a safe. The money’s not here. Well your money’s in Jo…https://t.co/TUYu09JSg8 https://t.co/f6JuWr5fTr

[Stephen Foerster @ProfSFoerster]

If you're part of the start-up community, please join me as part of a panel discussion on the fallout from SVB's collapse hosted by Altitude Accelerator, Friday, March 17 at 12:30pm ET. https://t.co/YlsdECToSw