Spotlight Novozymes: An Innovation Catalyst

Enzyme fermentation at Novozymes in Denmark, credit: ChemistryWorld and Novozymes.

For decades, industries worldwide have used toxic chemicals like fertilizers, pesticides and antibiotics that are harmful to people and the environment to drive profits. Denmark-based Novozymes is working to replace those chemical processes with enzymes, naturally derived proteins that initiate biochemical reactions. This Knowledge Leader ferments enzymes into tiny granules and liquids to help customers […]

Value Investing Isn’t Dead Yet, Just Wounded

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Value investing, which is often traced back to Ben Graham in the 1940s, is among the most influential trends in finance in recent decades. Value investing is based on the idea that lots of stocks are out of investors’ favor because of myriad of reasons, such as recent losses, management upheaval (think GE), product failures, etc. Investors […]

Machine Learning to the Rescue

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My previous blog post (“Beware! Estimates Dominate Financial Reports,” October 13, 2018) alerted you the hidden secret of accounting: Most balance sheet and income statement items are based on managerial subjective estimates and projections (like depreciation, asset write-offs, bad debts, expected gain on pension assets, etc.). The financial data that many investors are using literally “float on […]