
Aswath Damodaran – Session 5 (Undergraduate): Risk and Return Models
In this session, we completed our discussion of the “right” objective function for businesses. We then began our discussion of risk by defining risk and listing the ingredients of a good risk and return model. We closed with an intuitive derivation of the capital asset pricing model and alternative models.
Slides: http://www.stern.nyu.edu/~adamodar/po…
Post class test: http://www.stern.nyu.edu/~adamodar/pd…
Post class test solution: http://www.stern.nyu.edu/~adamodar/pd…
Yarra Square Partners returned 19.5% net in 2020, outperforming its benchmark, the S&P 500, which returned 18.4% throughout the year. According to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review, 2020 was a year of two halves for the investment manager. Q1 2021 hedge fund Read More