Strategy Driven

JANUARY 13, 2013

The fifth edition of the PMBOK Guide® was released and once again the profession of project management moved forward. StrategyDriven has partnered with TradePub.com to offer you complimentary one-year subscriptions and/or free trials to dozens of leading business publications.

PMBOK 50

PMBOK CAPM Resources Business Intelligence 50

Harvard Business Review

MARCH 10, 2011

The motivation behind it, as with many, many articles published over HBR's nearly 90-year history, was to take an effective practice developed in one corner of industry and spread it to managers everywhere. Not at all, he said, because it's "no secret that applying the CAPM is as much an art as financial science." McNulty et al.

CAPM 15

CAPM Cost Discounted Cash Flow Cost of Capital 15

Harvard Business Review

MARCH 10, 2011

In estimating the cost of equity, nearly nine out of ten organizations use the capital asset pricing model (CAPM), which calculates the cost of equity using a risk-free rate, beta factor, and a market risk premium, each of which introduces significant variability.

Cost of Capital 15

Cost of Capital CAPM Cost Discounted Cash Flow 15

Harvard Business Review

OCTOBER 14, 2013

Early tests of CAPM came out reasonably well, and by the end of the 1970s Fama’s former student Michael Jensen was (in)famously declaring that “I believe there is no other proposition in economics which has more solid empirical evidence supporting it than the Efficient Market Hypothesis.”. Economy Finance Managing uncertainty'

CAPM 10

CAPM Finance Price Efficiency 10

Harvard Business Review

APRIL 2, 2014

Others, most notably money managers and former Fama students Cliff Asness and John Liew in an epic Institutional Investor article , have done a lot recent to clarify how Fama’s ideas and Shiller’s can at least co-exist peacefully. Back in the ‘60s, people developed the capital asset pricing model [CAPM] as a way to do that.

CAPM 10

CAPM Discount Price Finance 10

Harvard Business Review

JUNE 18, 2015

What have been less explored are the specific actions taken by private equity (PE) fund managers. In a survey of 79 PE firms managing more than $750 billion in capital, we provide granular information on PE managers’ practices and how firms’ strategies relate to the characteristics of their founders.

CAPM 8

CAPM Discounted Cash Flow Company Rate of Return 8