Businesses that rely on correlation will be misled with increasing confidence. Businesses that master causation will navigate complexity with increasing clarity.

As global financial markets become increasingly interconnected, accurately modelling correlations between assets is essential. Traditional models often assume static correlations, which fail to ...

Since Coke and PepsiCo are so dominant and so similar in their products and marketing, most people assume they are almost always efficiently priced and valued at about the same level. In valuing KO ...