Finance

Showing 19-27 of 39 results
FinanceIcon ChevronFinance Processes

Do Economic Moats Still Matter?

by Alex Graham, CFA

Companies, like castles, need a line of defense to repel the invaders' advances. Economic moats, taking a cue from their watery namesakes, are long-term and sustainable competitive advantages that protect others from seizing market share. But on the flipside, are they actually just lazy, passive strategies that shun innovation?

14 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Legal Sports Betting: A New Economy Built on Vice

by Elizabeth J. Howell Hanano, CFA

In the last Super Bowl when the New England Patriots faced off against the Philadelphia Eagles, Americans bet a staggering $4.76 billion on the game. 97% of that figure was done so illegally. However, this will likely change by the time the next Super Bowl rolls around. In a hotly anticipated move on May 14, 2018, the US Supreme Court struck down the Professional and Amateur Sports Protection Act, paving the way for states to legalize sports betting. This article covers the foundations of sports betting, including its $150 billion market size, implementation timeline, and revenue distribution. It will also examine the implications of its legalization, including increased sports engagement and popularity, ethical concerns, fresh opportunities, and its impact on fantasy sports and eSports.

16 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Mission Statements: How Effectively Used Intangible Assets Create Corporate Value

by Orinola Gbadebo-Smith

Of the three functional categories that drive value in business—i.e., the "hard," the "soft," and the "intangible"—mission statements comfortably reside in the third, alongside such concepts as brand and culture. But despite the skepticism that is often associated with this category, and having uncovered some of the greatest gems in the corporate arena, this article argues that mission statements, when crafted and utilized effectively, are capable of driving billions of dollars in value.

14 minute readContinue Reading
FinanceIcon ChevronFinance Processes

How to Be an Amazing Financial Consultant

by Elizabeth J. Howell Hanano, CFA

Fewer than 3% of applicants make it through Toptal Finance’s rigorous screening process. How do the best of the best become such effective financial consultants? We sat down with one of Toptal’s most on-demand financial consultants, Jeffrey Fidelman, who shared his proprietary methods for ensuring success for his clients and how he has grown his own business exponentially.

11 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Driving Down Costs in a Digital Oil and Gas Future

by Alberto Mihelcic Bazzana

In an era of subdued prices and with usage expected to plateau within the next 30 years, the focus for oil and gas companies must turn to cost control. Applying technological innovations such as blockchains, wearables, and advanced analytics to the supply chain can keep costs in check and maintain profitability.

13 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Will Spotify's Non-IPO Pave the Way for Tech Companies?

by Melissa Lin

This year, Spotify will move its headquarters from Manhattan's Chelsea neighborhood downtown to the Financial District. Beyond its physical presence, Spotify will also make its mark at NYSE when it goes public via direct listing, an unusual choice. What is expected to be the largest tech public debut of 2018 has set Wall Street and the music industry abuzz, with everyone eager to see how this unconventional approach will play out. This article covers everything you need to know: a brief overview of the typical IPO process, how the direct listing will function, why Spotify chose to buck tradition, potential motivations behind the decision, and its potential implications.

11 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Are Art Investments a Worthwhile Asset Class?

by Zachary Elfman

Did you know that, in 2016, $60 billion was invested in art, which was comparable to the exit proceeds from venture capital investing? This article sheds light on the opaque world of art investments and whether it’s a realistic choice for inclusion in portfolios. The article covers types of art as well as how investments are valued and return performance relative to other assets.

10 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Why Are Emerging Market Currencies Volatile?

by Pedro Kniphoff

The attention on international payments tends to center around innovations appearing in the developed world. But what about developing countries? This article addresses what contributes to volatility and illiquidity in emerging market currencies, and how they can stabilize to become more flexible.

13 minute readContinue Reading
FinanceIcon ChevronFinance Processes

Are Corporate Responsibility Efforts Profitable?

by Melissa Lin

Financial purists have long questioned whether corporate, environmental, and social initiatives benefit the bottom line and how to quantify their impact. In this article, we put aside motive—of genuine altruism or self interest—and philosophical debates around moral obligation. Instead, we examine the results of studies around whether corporate responsibility initiatives positively impact profitability, examples of companies that have implemented such measures successfully, and recommendations for those looking to do so.

11 minute readContinue Reading

Join the Toptal® community.