Alternative
Investments (PDF)
“Alternative Investments” has been one of the most widely discussed
topics in the financial world in recent years. This DeMarche White Paper studies aspect of investment and gives insight into
understanding alternatives.
Behavioral Finance - Science Behind Investor Decisions
Coleen D Trimble, Senior Consultant
Maximizing
Shareholder Value by Improving Growth and Reducing the Company's Discount Rate (PDF)
Robert F. Marchesi, Chairman
From a corporate finance and investment perspective,
there is a wealth of literature showing that the
growth and discount rates of a company are the two
factors that management should focus on to maximize
shareholder value. They are the drivers of the Price-to-Earnings
ratio (P/E) and, ultimately, of value. Theoretically
and empirically P/E goes up as growth goes up and,
controlling for growth, P/E goes down as the discount
rate increases.
Tactical Asset Allocation
James F. Dykstal, Consultant