The most complex aspect of both my previous and current roles is the need to explain – in very simple language – how investments work to non-specialists. This can be in verbal discussions and sales presentations, as well as in written sales collateral. It is almost impossible to explain an investment in a compelling – but simple – manner if you don’t fundamentally understand the investment across multiple layers. The CAIA Program helped me form that basis of understanding – and even helped me to approach investments from a new angle – in both the traditional and alternatives space.