History of Investing - Montana Society of CPAs

Overview

Description:
You hear it all the time. Financial products are becoming more complex. Diversification has changed. Our approach to investing has changed. What does all this mean? In this course, we will explore how investment theory has changed over time from Markowitz to Factor Investing. Using examples and practical applications, we will talk about how our modern notions of portfolio building have developed throughout history.

Learning Objectives:

After attending the presentation you will be able to...

Identify the contributions of Harry Markowitz to Modern Portfolio Theory
Recognize how the concept of diversification has changed over time
Distinguish between the major factor investing models

Program Content:

The major topics that will be covered in this class include:

Early concepts of investment management
Gordon Growth Model
Harry Markowitz: Risk Return Trade-Off
Fama & French: Factor Modeling
Which factors are better?
Smart Beta
Incorporating Client Behavioral Biases
What's Ahead?

Who should attend: CPAs who are involved with the investment functions of their companies, as well as financial advisors who manage client portfolios

Developed By: Peters Tax Preparation & Consulting

Instructor: David Peters

CPE Credit: 1.5

Field of Study: Finance (1.5 CPE)

Program Level: Overview

Prerequisites: None

Advanced Preparation: None

Format: QAS Self Study

Highlights

Early concepts of investment management
Gordon Growth Model
Harry Markowitz: Risk Return Trade-Off
Fama & French: Factor Modeling
Which factors are better?
Smart Beta
Incorporating Client Behavioral Biases
What's Ahead?

Prerequisites

None

Designed For

CPAs who are involved with the investment functions of their companies, as well as financial advisors who manage client portfolios