Chelsea Tolbert’s Post

As a financial advisor, it's crucial to stay informed about the shifting sands of the market. Today's article by James Thomson in the AFR, featuring Martin Conlon of Schroders, resonated deeply with me. Conlon’s candid take on the perils of high valuations and the potentially transformative impact of soaring household debt on ASX investors highlights the complexity of our current economic landscape. What stood out was his emphasis on the necessity of being sensible with future forecasts in investments, a principle that aligns closely with prudent financial planning. His approach challenges the norm and underscores the need for a balanced perspective on investment opportunities, especially in high-stake environments. This article is a must-read for anyone looking to understand the nuances of investing in a market dominated by tech giants and inflated asset prices. As Conlon suggests, the importance of starting valuations cannot be overstated, and this wisdom is something I carry into my advisory practice daily. Navigating these waters requires a contrarian outlook sometimes, and today's read was a compelling reminder of that. Highly recommend checking it out for a dose of grounded, insightful financial perspectives. https://lnkd.in/gB-yBKxE #Finance #Investment #AFR #FinancialPlanning #EconomicInsights

Public sector reform crowd: I have tried to make sense of reform trends of the past decade by comparing current ideas and tools to earlier ones (such as New Public Management). I had a hard time identifying the ideational core of the current wave (which I called "Public sector innovation", but could be called otherwise. Design thinking, experimentation, prototyping, innovation labs, digitalisation, AI more recently are in the recipe book). For me, Public Sector Innovation is an empty reform concept that has almost no idea of how to govern or structure public sector organisations. It is all about the process of change itself. If you disagree, what is then the direction of change? How should public sector organisations be governed? Here is a link to my piece: https://lnkd.in/ghT3-ihE; https://lnkd.in/gQBXj9Av

📚 Exciting News Alert: Unmasking the Digital Damage! 🚨 Discover the insightful review of chapter 8 in the must-read book, "Power and Progress," by acclaimed MIT professors Dr. Daren Acemoglu and Dr. Simon Johnson. This chapter unravels the impact of technology on productivity and income inequality. 🔮 Are we at fault for the digital divide? Let's dive into the thought-provoking analysis that sheds light on the choices leading to deeper inequality and damaged productivity. Click below to read the full review! 👇 [Unmasking the 'Digital Damage': A Review of Chapter 8 in Acemoglu’s and Johnson’s ‘Power and Progress’ Book]() 👓 Immerse yourself in the authors' exploration of institutional transformations, biased technology, and shifting power dynamics. Challenge conventional wisdom and join the conversation on how we can shape a different future. 🗣️ Share your thoughts and opinions in the comments below and don't forget to spread the word! Let's uncover the true impact of the 'Digital Damage' together. P.S. Keep the momentum going! Check out my review of Chapter 9 [here]. Happy reading! 🎉 Shalise S. Ayromloo, PhD

What is your industry prioritising in the next five years? Find out what British business decision-makers think in a recent poll here, and get in touch if you'd like to know more.

Learn more about sustainable investing with our new webinar series sponsored by Clarity AI, “Three Big Challenges at the Heart of Sustainable Investing.” The first in the series, "Sustainability Reporting Standards - Convergence or Divergence?" takes place on January 18, 2024, at 12:00 PM GMT.   The first episode features industry experts Tom Willman of Clarity AI, Stéphane Janin of AXA Investment Managers, and my colleague Josina Kamerling of CFA Institute, as they unravel the complexities of reporting standards. They will provide insights from 2023's regulatory landscape, help you prepare for the upcoming 2024 requirements, and discuss whether standards are converging or diverging. Register now for a deep dive into the future of sustainable finance. https://cfainst.is/3t5sQ9X   #CFAInstituteEvents #SustainableInvesting #WebinarSeries #ESGReporting

How are external data and AI making each other more valuable? Read more. 📈💡 #PrivateMarkets #DataAnalytics #InnovationOpportunities

PDF The New Goliaths: How Corporations Use Software To Dominate Industries, Kill Innovation, And Undermine Regulation James Bessen digsell https://lnkd.in/e4jgacf4 An approach to reinvigorating economic competition that doesn’t break up corporate giants, but compels them to share their technology, data, and knowledge. “Bessen is a master of unpacking the nuances of a complex array of interrelated trends to build a coherent story of how the promise of the democratized Internet ended up under the control of just a few. Read The New Goliaths to see how the forest came to have only room for a few tall trees with the rest of us in the undergrowth.”—Joshua Gans, coauthor of Prediction Machines: The Simple Economics of Artificial Intelligence. Historically, competition has … Read More » https://lnkd.in/ePJcicun

The Fall 2023 edition of the Linneman Letter releases on Monday, Octover 3rd. In this issue we share our thoughts on the Fed's interest rate policy, AI technologies, the state of the economy, and more. Learn more here: https://lnkd.in/dgUmq3j

The Fall 2023 edition of the Linneman Letter releases on Monday, Octover 3rd. In this issue we share our thoughts on the Fed's interest rate policy, AI technologies, the state of the economy, and more. Learn more here: https://lnkd.in/dgUmq3j

Some reflections on the excellent sessions at yesterday’s annual IR Society Conference. As ever, great to meet top professionals from across the IR and capital markets spectrum and some fascinating and topical discussions, including on AI, governance, the listing environment, buy and sell-side trends and, inevitably, the political backdrop. Some of the notable takeaways: 1. Cause for (cautious) optimism in the UK market: London remains more advantageous to longer-term valuation prospects as a listing venue for UK issuers versus the US exchanges. Raspberry Pi’s IPO this week is indicative of a welcoming environment for smaller tech and innovation – but there is work to be done to claw back support for UK equities, from pension funds to retail investors. 2. Humans remain useful (!): AI use cases are still relatively basic, with more and more adoption from IR teams but on a limited basis focused on LLMs, with security, authenticity and cost as hurdles. Short term, AI is overhyped, but it is undervalued longer term. 3. ESG is a licence to operate: E and S are increasingly important determinants for investors, while on G, shareholders welcome direct engagement from issuers and particularly when advisory rebuttals are needed. 4. Active management is under pressure: Margin compression, the inexorable rise of passive funds, smaller headcounts, ESG ramp-up and the need to prove stewardship credentials are key challenges to active investors but efficient markets still need stockpicker expertise to support price discovery and clear differentiation between "winners" and "losers". 5. Good IR practitioners make all the difference: Being responsive, consistent, knowing your investment case, knowing your investors and maintaining effective dialogues with your investment community are key. Thanks to all at The Investor Relations Society for a great event! #IRConf24 #investorrelations #strategicadvisory #fairvue #esg #csrd #ai