Strategy Driven

JANUARY 13, 2013

The fifth edition of the PMBOK Guide® was released and once again the profession of project management moved forward. Complimentary Resource – Data Quality: A Survival Guide for Marketing. Relate Articles: Complimentary Resource – Business Intelligence: The Definitive Guide for Midsize Organizations.

PMBOK 50

PMBOK CAPM Resources Business Intelligence 50

Harvard Business Review

MARCH 10, 2011

When executives evaluate a potential investment, whether it's to build a new plant, enter a new market, or acquire a company, they weigh its cost against the future cash flows they expect will spring from it. 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. Current market debt/equity ratio. Under $1 billion revenue.

Cost of Capital 14

Cost of Capital CAPM Cost Discounted Cash Flow 14

Harvard Business Review

OCTOBER 14, 2013

At the annual meeting of the American Finance Association in 1969, Fama presented a paper (published the next year in the Journal of Finance ) summing up what he and others had learned about stock market behavior over the previous decade and sketching out a way forward. Shiller, who got his Ph.D. It didn’t change Fama’s mind.

CAPM 10

CAPM Finance Price Efficiency 10

Harvard Business Review

JUNE 18, 2015

We also know that private equity funds have outperformed public equity markets over the last three decades , even after the fees they charge are accounted for. What have been less explored are the specific actions taken by private equity (PE) fund managers. At the same time, debt puts pressure on managers not to waste money.

CAPM 8

CAPM Discounted Cash Flow Company Rate of Return 8

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