Browsing: efficient markets

Posts Tagged ‘ efficient markets ’

Wedding ESG with Modern Portfolio Theory

Mar 29th, 2020 | Filed under: Newly Added, ESG, The A.I. Industry, Socially responsible investing, Other Topics in A.I.

Three executives at AQR Capital have proposed a new variant on modern portfolio theory, an elaboration of the classical idea of an efficient frontier. The idea, going back to Markowitz’ 1952 paper, is that there exists a set of possible portfolios such that each achieves the best possible risk-return tradeoff.Read More

Markets Work: The Argument from Robert Bork’s Beard

Aug 13th, 2014 | Filed under: Currencies, Hard metals

Markets work. We are warranted in believing this because it has proven itself in human history and we have studied history. Centralized social planning fails. Now, having said all that, let's talk about the Fed. Read More