How effectively has Eugene F. Fama and Kenneth R. French’s five-factor mannequin defined returns? Derek Horstmeyer, Ying Liu, and Amber Wilkins share their evaluation.
When valuing firms, “You don’t need to be proper to earn money,” Aswath Damodaran says. “You simply need to be much less fallacious than all people else.” Roger Mitchell considers Damodaran’s insights.
The inherent battle between the “E,” the “S,” and the “G” in ESG investing can not be ignored. As a lot as we would want in any other case, the targets embedded in these initials don’t all the time align with each other, Andrea Webster, Paul Smith, CFA, and Kübra Koldemir contend.
The toll of the financial embargo on Russia will probably be monumental, Joachim Klement, CFA, predicts. He goes on to calculate simply how monumental.
Brian Michael Nelson, CFA, explains why the DCF mannequin just isn’t solely related to at this time’s market, however stays an absolute necessity.
How can we mitigate sequence of returns threat (SoRR)? Krisna Patel, CFA, shares half a dozen methods to safeguard purchasers’ retirement portfolios.
“The capital asset pricing mannequin (CAPM) is a marvel of financial scholarship,” Jacques Cesar writes. “The issue is that it doesn’t all the time work in observe. So, we fastened it.”
Cliff Asness, Rob Arnott, Roger G. Ibbotson, and different luminaries discover the character of bubbles and the momentum issue. Paul McCaffrey supplies a synopsis of their dialogue.
In keeping with Eric Sim, CFA, human capital, monetary capital, and social capital helped construct his profession in finance. Paul McCaffrey considers Sim’s compelling private story and the way we will apply the teachings to our personal careers.
On this adaptation from Small Actions: Main Your Profession to Massive Success, Eric Sim, CFA, and Simon Mortlock talk about the 3Ps methodology — perseverance, perspective, and positivity — and use it to remodel rejection into approval.
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