Benchmarks are critical to decision-making. It stands to reason, then, that an investment decision should have its own benchmark: the cost of capital. Here, Darden Professor Michael Schill offers four principles to guide the investor in measuring risk and expected return to estimate the cost of capital.
Collection: Investing Insights
Another global financial crisis will come eventually, although when and why the next downturn will begin remains an unknown. So far, regulatory efforts have not eliminated the sources of financial instability.
In this Three Things video, Darden Professor and Dean Emeritus Robert Bruner discusses how we know crises will recur and how we can personally prepare for them.