Performance Measurement & Evaluation
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.
When it comes to their benchmarking practices, US public pension funds need to find faster rabbits to chase.
Cost of capital is a tenuous concept. Charlie Munger amusingly calls it a “perfectly amazing mental malfunction.”
The authors set out the core principles of valuation and offer a guide to measuring a company's value.
Does a firm’s competitive advantage tend to endure longer in some sectors than others?