DEMARCHE IS DRIVEN BY RESEARCH. Every year we
devote a significant portion of our revenues to research aimed
at improving your bottom line. We have commissioned some of
the brightest minds in business and academia to supplement
our in-house research efforts.
Our working relationships have included:
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Dr. Robert Haugen, University of California
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Dr. William Breen,
Northwestern University
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Dr. David Ikenberry,
Rice University
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Dr. Richard Thaler,
University of Chicago
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Dr. Josef Lakonishok,
University of Illinois
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Dr. Robert Vishny,
University of Chicago
This research has molded the core
of DeMarche's philosophy. We believe that the old paradigms
of Modern Finance are being replaced by "New Finance"
and that the Capital Asset Pricing Model (CAPM) and the Efficient
Market Hypothesis are obsolete. These and other insights into
the market's inefficiencies are changing the way organizations
make financial decisions and determine which stocks to own.
An important product of our research is the development of
the DeMarche factor models, which have become the technological
engines that drive our services. Our factor models accurately
measure market inefficiencies, portfolio risk exposures and
firm-specific risk exposures. This technology is built into
our consulting practices, producing information you need to
make decisions that improve bottom line performance.
We have commissioned some of the
brightest minds in business and academia to supplement
our in-house research efforts.