Finance
Dec 07, 2023
Professor Simon Gervais says that active money managers create value by identifying the most productive firms
In 2008, Warren Buffet famously challenged money managers at a hedge fund to prove that over a long period of time they would be able to beat the returns, after fees, of a passive fund that just mirrors the overall market. Buffet won the bet.
But Professor Simon Gervais of Duke University’s Fuqua School of Business, says there may... read more
- The Environmental Impact of Easy Lending
- Why Pay Inequality Could Grow in Coming Years
- CFOs: Interest Rates Dampen 2023 Spending; Outlook For 2024 Brighter
- How Uncertainty May Affect the Federal Reserve’s Interest Rate Decisions
- CFOs Modestly Downgrade Economic Growth Expectations
- Research Suggests Benefits for a “Borrow-Now, Pay-Later” System for Student Debt
- CFOs Modestly Upgrade Economic Outlook Despite Labor Market, Inflation Concerns
- Professor Campbell Harvey: Web3 Affects All of Us
- 2023 CFO Outlook: Weak Growth; Wages Trail Inflation
- CFOs See Higher Costs and Lack of Skilled Labor; Reduce Outlook for Growth
- The CMO Survey: Inflation Drives Companies to Spend Less on Marketing, Offer More Value
- Unraveling How Cybercriminals Extort Businesses Worldwide
- Why Some Firms Beat the Post-IPO Slump
- Why Investors May Need Mandatory Certification of Firms' ESG Claims
- How Should Music Streaming Services Pay Artists?
- The Influence of Frequent Flyer Programs
- The CFO Survey: Economic Outlook for 2022 Deteriorates
- The CFO Survey: CFO economic optimism declines in the first quarter of 2022
- Untangling the Risk Management Paradox
- The CFO Survey: CFOs report rising costs that could last through 2022
- The CFO Survey: Cost Pressures Mount Amid Widespread Supply Disruption and Labor Shortages
- What Your Email Address Says About Your Credit Worthiness
- CFOs remain optimistic despite concerns about cost pressures, labor availability
- Signs Inflation Looms and How to Protect Against a Potential Surge
- Research Suggests SEC’s Increasing Focus on Terrorism May Limit Financial Oversight
- The CFO Survey: CFOs Report Optimism About Economic Growth
- If There’s a Right Time to Ban Short Selling, It’s During a Crisis
- Lessons From the GameStop Squeeze
- The CFO Survey: CFOs Optimistic But Uncertain About the Pace of Recovery
- 10 Issues CFOs Might Lose Sleep Over in 2021
- Gold’s Wild Ride
- The Robots Are Here. How Are They Affecting Analysts?
- The CFO Survey Shows Expectation of Slow Recovery
- COVID-19: What Shocked Financial Markets?
- 401(k) Plans Can Now Invest in Private Equity. Should They?
- How Does COVID-19 Impact the Outlook for Financial Markets?
- Seven Threats to the Economic Recovery from COVID-19
- The CFO Survey: Business Confidence Beginning to Rebound
- Discrimination in the Higher Education Bond Market
- The Impact of COVID-19 on Private Equity
- Why Many Small Businesses Have Missed Out on Federal Loans
- COVID-19 Drives CFO Optimism Down to Great Recession Levels
- Harvey: There is Light at the End of the Tunnel
- Can Federal Economic Relief Save Small Businesses?
- On Earnings Calls, Cynics Move Markets More
- CFO Survey: Half of US CFOs Expect Recession in 2020 As Election Looms
- Incumbent CEOs Working With New CFOs Earn 10% More Money
- CFO Survey: Optimism Sinks to 3-Year Low
- How the Medicare Reimbursement System Drives Up Drug Prices
- CFO Survey: Global Recession Predicted; Strong Support for U.S. Immigration Reform
- How Environmentally Literate Are You?
- CFO Survey: Recession Expected by Late 2020
- Firms Perform Better When They Communicate Culture Consistently
- The Myth of the Subprime Mortgage Crisis
- The Fourth Horseman of the Next Recession Approaches
- The Three Mistakes Factor Investors Make
- CFO Survey: Recession Likely by Year-End 2019
- How Risk Perception Influences the Housing Market
- CFO Survey: With Hiring Their Top Concern, Firms Want More Skilled Immigrants
- Biannual Financial Reports Would Be More Accurate
- Why the Yield Curve Isn’t Predicting Recession – Yet
- CFO Survey: Concern About Hacking, Borrowing Costs; Optimism Still High
- How to Make Microfinancing Less Expensive for Emerging Entrepreneurs
- Fintechs are Changing How Investors Think
- The Limits of Trust in Business
- CFO Survey: Firms Slow to Adopt Fintech; Tax Reform Boosts CFO Optimism
- More Frequent Reports Hurt Firms, Shareholders
- Finance CEOs Discuss Modern Leadership
- CFO Survey: Pending Tax Reform Prompts Spike in Business Optimism
- Breaking Down Bitcoin
- How Requiring More From Auditors Could Backfire
- The Duke CFO Global Business Outlook: Financial Executives on the Year Ahead
- Most Accounting Standards Don’t Benefit Shareholders
- Today Finance, Tomorrow the World — How Blockchain Can Change Society
- How Activist Investors Boost Corporate Innovation
- CFO Survey: Uncertainty Slows Spending Plans
- Banks Need Leeway in Reporting Assets, Research Finds
- CFOs to Trump: Stop Tweeting, Lose the Border Tax, But Continue Some Reforms
- High Corporate Debt Loads Could Crimp Spending
- How Diversity Shapes Private Equity
- CFO Survey: Trump Win Boosts Business Optimism
- CFO Survey: U.S. Political Risk to Hinder Capital Spending Beyond Election
- Demystifying Hedge Fund Performance
- CFO Survey: Political Uncertainty Slows Nearly Half of U.S. Firms
- New Research Could Improve Check-Cashing Industry for Customers and Businesses
- CFO Survey: Weak Business Spending Forecast; Employment Growth Continues
- Corporate Tax Avoidance: Could Reform Make a Difference?
- How Corporate Culture Affects the Bottom Line
- CFO Survey: Labor Markets Tighten; Stock Market Still Overvalued
- CFO Survey: Trump, Fiorina Viewed as best for Business
- Research: Gold Price Plummet Could Continue
- CFO Survey: Strong Hiring and Wage Growth Expected in U.S.
- CFO Survey: More than 80 percent of firms say they have been hacked
- China's Growing Consumption Economy Drives Investment Shift
- Chinese Business Executives Discuss Investment Challenges Abroad
- Why David Rubenstein is Bullish on China
- Research Suggests Low-Income Home Buyers Not to Blame for Financial Crisis
- CFO Survey: Wage hikes expected; strong dollar will dampen U.S. exports
- Research: Corporate Executives Hugely Overconfident
- What is Impact Investing and How Does It Work?
- Study: CEOs Are More Optimistic, More Open To Risk
- Research from Professor Campbell Harvey Shows Gold Is Not an Inflation Hedge
- The Power of Voice: Managers' Vocal Cues Can Influence Company Performance
- Bank Runs Found to Spread Like a Contagion
- The Economic Power – and Pitfalls – of Positive Thinking
- Three of Four Financial Executives Willing to Sacrifice Shareholder Value to Meet Earnings Expectations