International Investing: Why We Believe Active Management Works – An Interview with Chautauqua Capital Management

SUMMARY In our view, international markets are less efficient, creating opportunities for active portfolio management. We believe a passive approach to international investing may lead to unintended sector concentrations. A surprising number of the best performing stocks in a given year are based outside of the US.

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Performance Reviews Need a Brand-New P&L

Performance reviews are clearly in need of an overhaul. A 2019 Gallup poll found that a mere 14 percent of employees are strongly inspired to improve by their performance reviews. At best met with a lack of enthusiasm, at worst with resentment, this annual exercise in the era of The Great Resignation has scope for improvement.

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Cloud cost overruns may be a business leadership failure

A couple of months back, some smart folks at VC firm Andreesen Horowitz wrote a blog post called “The Cost of Cloud, a Trillion Dollar Paradox”. Among other things, the blog made a big splash because it claimed, quote: “[W]hile cloud clearly delivers on its promise early on in a company’s journey, the pressure it puts on margins can start to outweigh the benefits, as a company scales and growth slows.” It claimed that cloud overspending was resulting in huge loss of market value, and that developers needed incentives to reduce spending.

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PayPal CEO Discusses Responsible Innovation at DC Fintech

When he spoke at the virtual Washington DC Fintech Week conference, PayPal CEO Dan Schulman shared an anecdote he heard when he first got into financial services: It is expensive to be poor. “Unfortunately, that couldn’t be more true.” Developing innovation in fintech that can benefit the broader masses rather than select segments of the population may require more concerted consideration.

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New ETF Taps the Blockchain Revolution

The blockchain is the foundation on which much of the digital assets universe is built, and a growing number of exchange traded funds provide access to that theme. However, not all of those ETFs are cut from the same cloth. The new Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF ( BLKC )  is an example of a blockchain ETF with the potential to stand out in a crowded field.

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