This week, we speak with Lakshman Achuthan, co-founder of the Economic Cycle Research Institute. Achuthan met his mentor, Geoffrey H. Moore, at Columbia University in 1990; they formed ECRI with Anirvan Banerji in 1996. He serves on the board of governors for the Levy Economics Institute of Bard College. In 2004, he co-authored Beating the Business Cycle: How to Predict and Profit From Turning Points in the Economy.
He explains how economic cycles work — why investors are much better off paying attention to a broad assortment of quantitative signals including coincidental and leading indicators versus playing the forecasting game. Using this methodology, ECRI has amassed a formidable track record in identifying when recessions have begun.
A list of his favorite books is here; A transcript of our conversation is available here next week.
You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business conersaation next week with Meir Statman, Professor of Finance at Santa Clara University. His book “What Investors Really Want” has become a classic that explains what drives investors. His latest book is “A Wealth of Well-Being: A Holistic Approach to Behavioral Finance.”
Lakshman Achuthan’s Favorite Books
Books Barry Mentioned
Lakshman Achuthan’s Book
