Women exceed 25% of board seats on S&P 500 for the first time

Viewed in Bloomberg. Publicly-traded companies have been making a conscientious effort of late to diversify their corporate boards, and one primary objective has been expanding the number of women on them. But how much progress has actually been made? Spencer Stuart, one of the world’s largest and most prominent executive recruitment firms, has completed an… More

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“Feel the force”: Gut instinct, not data, is the thing

Viewed in The Wall Street Journal. With the rapid ascent of data in corporate decision-making, is there any room left for managerial discretion? Absolutely, Wall Street Journal business columnist John D. Stoll writes in this column. At least in part this is because data is valuable but imperfect. Stoll cites Google chief decision scientist Cassie… More

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Why hedge funds are happy to let the machines take over

Viewed in Financial Times (Paywall). Quantitative investing models have been utilized for decades by money managers, but they are being aided substantially by the ongoing rise of artificial intelligence and machine learning, Financial Times reports. Some money managers, such as Michael Kharitonov of the San Francisco-based Voleon Group, say the trend is likely to accelerate… More

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