AppliedCorporateFinanceTHEBASICSOFRISK幻灯片.pptVIP

The Investment Principle: Risk and Return Models;First Principles;The notion of a benchmark ;What is Risk?;A good risk and return model should…;The Capital Asset Pricing Model;The Mean-Variance Framework;How risky is Disney? A look at the past…;Do you live in a mean-variance world?;The Importance of Diversification: Risk Types;A caveat on diversification: The lessons of 2008;The Role of the Marginal Investor;Identifying the Marginal Investor in your firm…;Analyzing the investor bases…;Looking at Disney’s top stockholders in 2009 (again);And the top investors in Deutsche and Aracruz…;Taking a closer look at Tata Chemicals…;The Market Portfolio;The Risk of an Individual Asset;Limitations of the CAPM;Alternatives to the CAPM;Why the CAPM persists…;6Application Test: Who is the marginal investor in your firm?