Performance Measurement & Evaluation
Sharpe’s arithmetic explained markets at rest. Pedersen’s model shows markets in motion and how active management creates real economic value.
A collection of witty insightful essays by Larry Siegel explore progress, investing, and the ideas shaping modern economics.
Without an AI taxonomy, investment firms risk overrelying on agentic AI and underutilizing it for optimal capital allocation.
The rise of continuation funds reflects private equity's longer hold periods for assets amid higher rates and narrowing exit strategies.
Bitcoin challenges financial orthodoxy, valuation models, and regulation, forcing professionals to rethink what money and value really mean.
Markets can mimic peacock mating as flashy signals seduce capital while real economic fitness risks are ignored until reality bites.
As policymakers weigh semiannual earnings, data suggest quarterly reports still give investors vital insight.
Uncover how idle capital distorts private equity returns and why measuring what’s actually put to work gives investors a truer picture of performance.
How over-diversification and redundant active management created a monstrous inefficiency in US public pension investing—at taxpayers’ expense.
Discover how cutting-edge academic research becomes real-world investment strategy and explore award-winning insights from the Hillsdale–CFA Society Toronto Research Award.