Why We’re Confused About Asset Allocation
Ibbotson says it's all about misinterpreting Brinson, Hood and Beebower.
- July 3, 2012 September 13, 2019
- 15:19
Ibbotson says it's all about misinterpreting Brinson, Hood and Beebower.
Book review: "Debunkery: Learn It, Do It, and Profit From It"
Author Martin Leibowitz talks beta and stress-beta post crisis.
A look at eight centuries of financial crises.
The authors do not believe the endowment model is wrong, rather, its diversity has been overestimated.
A discussion of Benjamin Graham and risk.
Fama and French teach some lessons on theory versus practice. Beta is the well-known risk coefficient in the capital asset pricing model (CAPM) for pricing stocks and other assets by William Sharpe, John Lintner and Jack Treynor. The three authors, coincidentally, were working on the same questions in the early 1960s. Sharpe’s paper was published […]