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The Business Lessons of the Belmont Stakes

Harvard Business Review

Since 1950, only 3 of 21 have managed the feat, and none have done so since 1978. Well, we can quantify that with something called a Beyer Speed Figure , a measure of a horse's performance adjusted for track conditions. For a market to be efficient, where price is an unbiased estimate of value, investors must be cognitively diverse.

Beyer 15
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The Business Lessons of the Belmont Stakes

Harvard Business Review

Since 1950, only 3 of 21 have managed the feat, and none have done so since 1978. Well, we can quantify that with something called a Beyer Speed Figure , a measure of a horse's performance adjusted for track conditions. For a market to be efficient, where price is an unbiased estimate of value, investors must be cognitively diverse.

Beyer 14
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Case Study: How to Integrate an Acquired Brand

Harvard Business Review

Henry Beyer walked up to a Mini Cooper in the city parking lot across the street from his office in downtown Houston. Managing multiple brands, running separate IT systems, setting different price structures — it would be a mess.". Think about it from a risk management perspective, Annabel. He laughed; Henry grimaced.