An ugly and somewhat unsavoury expression of obscure origins, in the software business, “eating your own dog food” means using software you have developed yourself.
Mr. Fama developed the efficient market hypothesis that share prices should have a tendency, at any point in time, to discount all known public information.
This year’s study, which surveyed 148 banks in 66 countries, revealed that as the global economy recovers, retail banks across the world are increasingly investing in innovation as a means of generating revenue and controlling costs.
New research from Cerulli Associates finds that more than 60% of institutions' asset flows were consultant-intermediated in 2012 with the rest coming from direct sales, according to their recent survey of institutional asset managers.
Marc Faber, The Gloom, Boom & Doom Report, shares his views on how inflation has impacted global wealth.