In the 1990s, Yale discovered that it was faced with a deferred maintenance problem: the university hadn't properly planned for important renovations in many buildings. A large, one-time expenditure would be needed. How should Yale have covered these expenses? This lecture begins by applying the lessons learned so far to show why Yale's initial forecast budget cuts were overly pessimistic. In the second half of the class, we turn to the problem of measuring investment performance, and examine the strengths and weaknesses of various measures of yield, including yield-to-maturity and current yield.
Yesterday, on MoneyScience, I came across Robert Shiller's 2007 Financial Markets Course at Yale and @StatAlgo on Twitter pointed me to the 2011 version which is available ...
6 hours ago - PR Newswire: Banking & Financial Services
This quarterly earnings release should be read in conjunction with our unaudited second quarter 2012 Report to Shareholders for the three and six months ended April 30, 2012...
6 days ago - PR Newswire: Banking & Financial Services
TSX Symbol FSD.UN TORONTO, May 18, 2012 /CNW/ - (TSX:FSD.UN) First Trust Advantaged Short Duration High Yield Bond Fund ("the Fund") announces a distribution for the month e...
