Join CFA Society Salt Lake for Investing in Innovation and the Opportunity for Allocators.
light of the globe’s response to COVID-19, monetary and fiscal policy have
responded very swiftly and forcefully as faltering economies threatened to
trigger widespread financial distress. The “shape” of economic recovery has yet
to be determined; however, the nature of the recovery is often unimportant for
subsequent market performance.
In this most recent downturn, we believe, the market has clearly
differentiated between innovative secular growers versus economically sensitive
and cyclical names. The economy is increasingly shifting to a more binary
story with two types of companies – Innovators or The Disrupted; as many
companies are vulnerable to the disruptive effects of innovation.
and behavioral-based biases, which have caused many investors to misprice and
underestimate innovation, have resulted in the “Innovation Premium,” a
corollary to the “Value Premium”, which has both academics and investors
befuddled. In this discussion we will explore how investors can best
harness the Innovation Premium and the disruptive power of these themes within
This is being offered as a webinar.
To register - click here!