This is Aswath Damodaran‘s review session for the comprehensive final, covering the entire class.
Yost Partners was up 0.8% for the first quarter, while the Yost Focused Long Funds lost 5% net. The firm's benchmark, the MSCI World Index, declined by 5.2%. The funds' returns outperformed their benchmark due to their tilt toward value, high exposures to energy and financials and a bias toward quality. In his first-quarter letter Read More
Aswath Damodaran – Review For Final Exam: The Mechanics Of Beta