Having laid out all that can go wrong with stock price maximization, we looked at alternative corporate governance models and objectives. We then moved on to defining risk. (The slide version of this session is not working yet. So, I have uploaded the video version..
Aswath Damodaran: Alternatives to Stock Price Maximization and First Steps on Risk
Michael Mauboussin: Here’s what active managers can do
The debate over active versus passive management continues as trends show the ongoing shift from active into passive funds. Q2 2020 hedge fund letters, conferences and more At the Morningstar Investment Conference, Michael Mauboussin of Counterpoint Global argued that the rise of index funds has made it more difficult to be an active manager. Drawing Read More