Equity Investments
John H. Cochrane and Thomas S. Coleman discuss how the fiscal theory of the price level explains inflation.
Equities can compound in value in a way that investments in bonds, real estate, and other asset classes cannot.
To test the Sharpe Ratio’s effectiveness, we constructed monthly return distributions for global stock market indices to see if any had too much skewness.
As ESG investing continues to grow, applying a gender lens to public equity funds focused on climate solutions is critical.
When valuing companies, "You don't have to be right to make money," Aswath Damodaran says. "You just have to be less wrong than everybody else.”
The capital asset pricing model (CAPM) is a marvel of economic scholarship. The problem is that it doesn’t always work in practice. So, we fixed it.
William Kinlaw, Mark Kritzman, and David Turkington offer advice on a wide range of asset allocation topics, backing up their recommendations with solid quantitative analysis.
The pandemic-era stock markets have been a showcase of behavioral biases in action.
Equities are not necessarily more risky than such "safe" assets as US Treasuries.
"If we thought of the equity premium as a fear premium," Rob Arnott says, "a lot of the so-called anomalies that we’ve talked about would not be anomalies at all."