Description: In this article, the author recaps his experience at The 2009 Berkshire Hathaway annual shareholders meeting.

Description: Feature article discussing the current state of interest rates globally.

Description: Column from the chairperson of the Investment Section.

Description: Editor's column for the May 2019 issue of NewsDirect.

Description: The author makes 10 predictions of how risk management will change over the next decade.

Description: In *From Distress to Distinction*, Chris Droussiotis explores a novel approach to valuing distressed companies using option pricing theory, drawing parallels to the financial challenges faced by startups. With over 30 years in banking and startup advising, he emphasizes that both distressed firms and early-stage ventures endure periods of negative cash flow but retain potential for recovery. He combines Discounted Cash Flow (DCF) and the Black-Scholes Option Pricing Model to evaluate distressed firms’ recovery prospects and debt sustainability. A case study on Spirit Airlines illustrates this approach: though its current equity value is negative, projected future cash flows suggest significant potential recovery. Droussiotis concludes that strategic valuation, using trend, peer, and expected analysis, can reveal hidden value in distressed companies, guiding effective investment and restructuring decisions.

Description: Leadership lessons for actuaries. Insights into what Asset Intensive Reinsurance is all about.

Description: This article discusses the new profession of financial engineering and the fit of actuaries in this profession.

Description: This article gives an overview and explanation of behavioral finance.

Description: Column on the latest Investment Section activities.