Performance Measurement & Evaluation
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.
What's more critical to investing success: luck or skill?
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.”
If the US government were a normal company, it would have had to declare bankruptcy long ago.
The J-curve narrative in private equity (PE) investments deserves a quiet obsolescence.
Joachim Klement, CFA, expects inflation to fall. But that doesn't stop him from asking, What if I'm wrong?
Are CAPM and beta effective predictors of future returns?
Why does investing in the "average" private market fund seem to go so poorly?
The Index Industry Association (IIA) surveyed 300 asset managers about how they perceive ESG.
The public market equivalent (PME) does not reflect the economic reality of private equity investing.