Musings on Markets

JANUARY 11, 2024

The six classes that I prepped for in those two years ranged from banking to investments to corporate finance, and while I have never worked harder, much of what I teach today came out of those classes. In 1984, I moved on to the University of California at Berkeley, as a visiting lecturer, teaching anything that needed to be taught.

Corporate Finance 145

Corporate Finance Finance Dividends Start-ups 145

Musings on Markets

DECEMBER 21, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023.

Corporate Finance 99

Corporate Finance Finance Start-ups Marketability 99

Valutico

FEBRUARY 13, 2025

In the world of finance and investing, the concept of beta plays a vital role in assessing an investment’s risk and volatility. Whether you’re a seasoned investor or new to the market, understanding beta can empower you to make informed decisions. A beta of 1 means the asset moves in line with the market.

Beta 52

Beta Covariance Risk-free Rate Specific Risk 52

Reynolds Holding

JUNE 16, 2024

equity market. Institutions may exhibit differential growth in ownership due to the difference in return on the assets under management relative to the market return. The investors that do not are left holding a larger portion of the firm, whose market value has declined due to the buyback.

Dividends 45

Dividends Covariance Equity Finance 45

Andrew Stolz

AUGUST 6, 2020

The portfolio return variance is calculated by multiplying the squared weight of each asset by its variance and adding two times the weight of each asset multiplied by the covariance of the asset pair. Beta is the risk statistic used to compare the portfolio’s exposure to systematic risk to that of the market. which equals 0.25.

Beta 52

Beta Covariance Systematic Risk Marketability 52