Incentives Are Dangerously Aligned in Personal Markets


Continuation Funds: Ethics in Personal Markets, Half I (Stephen Deane, CFA, and Ken Robinson, CFA, CIPM, at CFA Institute Analysis and Coverage Heart)

The Unstated Battle of Curiosity on the Coronary heart of Funding Consulting (Mark J. Higgins, CFA, CFP)

A forty five-Yr Flood: The Historical past of Different Asset Lessons (Mark J. Higgins, CFA, CFP)

The Gilded Age Circus is Again in City (Mark J. Higgins, CFA, CFP)


[i] Higgins, Mark J. Investing in U.S. Monetary Historical past: Understanding the Previous to Forecast the Future. Austin, TX: Greenleaf Ebook Group Press, 2024. ISBN 9798886451344.

[ii] Holden Lewis, “Specialists: No Actual-Property Bubble Burst,” Chicago Solar-Occasions, September 10, 2004

[iii] Jenkinson, Tim, Howard Jones, and José Vicente Martinez. 2013. “Choosing Winners? Funding Consultants’ Suggestions of Fund Managers.” Paper, September 2013, College of Massachusetts. https://www.umass.edu/preferen/Youpercent20Mustpercent20Readpercent20This/PickingWinners.pdf

[iv] Burrough, Bryan, and John Helyar. Barbarians on the Gate: The Fall of RJR Nabisco. New York: Harper & Row, 1990.

[v] Bullock, Hugh. The Story of Funding Firms. New York: Columbia College Press, 1959.

[vi] Pan, Eric J. 2025. “ICI CEO: Make Personal Markets Extra Accessible to Retail Buyers.” PR Newswire, January 14, 2025. https://www.prnewswire.com/news-releases/ici-ceo-make-private-markets-more-accessible-to-retail-investors-302444081.html.

[vii] https://www.withintelligence.com/insights/private-credit-funds-surpasses-500bn/?utm_source=chatgpt.com (accessed December 19, 2025).

[viii] Munger, Charlie. “The Psychology of Human Misjudgment.” Farnam Road (weblog), accessed December 20, 2025. https://fs.weblog/great-talks/psychology-human-misjudgment/.

[ix] Geithner, Timothy F. Stress Check: Reflections on Monetary Crises. New York: Crown Publishing Group, 2015. ISBN 0804138613.



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