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From time to time, Hillsdale is in the news. Our partners often speak at conferences or other events, and our accomplishments are covered in the financial media.

“Lessons From Capital Market History” - CFA Institute Magazine Article by Harry Marmer, CFA

Popular Beliefs and Stylized Facts

A recent CFA Institute Magazine article asked the formidable question, “Should financial history matter to investors?” The author cited the results of a CFA Institute member survey, reporting that “when asked about the importance of economic and financial history to their success as investment professionals,” an overwhelming majority (96%) answered that it was either very or somewhat important.

However, the same article noted that “some may not know how to use this knowledge to make better investment decisions (or, at the very least, avoid poor ones).” The objective in this article is to illustrate how the study of capital market history can provide investors with “helpful guidance on how historical perspectives can be incorporated into investment decision-making processes.”

To read the full article, please download a PDF copy using the link above.