Performance Measurement & Evaluation
Not all traditional investment management techniques are applicable to digital assets, but sector breakdowns, DCF models, and risk factor modeling are solid starting points.
Do local COVID-19 case counts have any correlation with local stock returns?
Economic value of equity (EVE) can help determine how well a company can weather interest rate hikes.
How can investors price NAV valuations and efficiently transfer their eventual risk?
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?