Wednesday webinar at one: The money illusion

Wednesday 19 July 2023 | 13:00 - 13:40 | Webinar

This event has been organised by CFA UK’s Future of Money Working Group 

With inflation hitting multi decade highs in many countries, investors are being challenged with trying to work out the real return on their investments. This is fraught with difficulties.

In this webinar, you’ll get an overview of the problems and how to avoid the classic errors made by investors through:

  • Defining inflation
  • Examining the risks
  • Exploring various valuation techniques


Registration: 12:55

Event: 13:00 - 13:40

CPD Points: 0.75


Stephen Clapham, Founder of Behind the Balance Sheet

Steve is the Founder of Behind the Balance Sheet, an investment training consultancy that runs forensic accounting courses for institutions like Schroders and Baillie Gifford.

Steve is regularly in the press, in the UK’s Investors Chronicle, on City AM and on the Today programme on BBC Radio 4, talking about accounting issues at quoted companies.

Steve spent some 20 years as an equity analyst at different investment banks, covering various sectors, and was consistently rated in the top 10 in his sector in Extel, II and Reuters surveys. He moved to the buy-side in 2005 and was a partner and head of research at two multi-billion dollar hedge funds; he specialised in using a deep dive research approach to identify special situation opportunities.

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