Winning at Active Management

Index

A

• Accountability
• Accounting vs. finance
• Accruals
  • and earnings quality
• Acquisitions
• Active management. See also Active vs. passive management
  • active-passive equilibrium
  • case for
  • conference on professional investment (New York)
• “Active Management in Mostly Efficient Markets” (Jones & Wermers)
• Active managers' styles and methods
  • accounting measures, shortcomings of
  • CFO perspective
  • depreciation
  • free cash flow as measure of value
  • manager style
  • research and development costs
• Active vs. passive management. See also Active management
  • Capital Asset Pricing Model (CAPM)
  • cash, weight of
  • company quality
  • correlation and dispersion
  • debate about
  • Efficient Market Hypothesis (EMH)
  • investors voting with dollars
  • luck vs. skill
  • market regimes
  • MPT, problem with
  • reality
• Adobe Systems
• The Age of Spiritual Machines (Kurzweil)
• “Are Buybacks an Oasis or a Mirage?” (Research Affiliates)
• Arnott, Robert
• Artificial intelligence (AI)
• Asness, Clifford
• Atlanta Federal Reserve Bank

B

• Balance sheet bloat
• Barclays Global Investors
• Behavioral finance
  • extrapolation and reversal
  • investor behavior in action
  • loss aversion
  • mental accounting
  • Modern Portfolio Theory (MPT)
  • overconfidence
  • regret, minimizing
• Bernstein, Leopold
• Bernstein, Peter
• Beta
• Big data
• Black, Fischer
• BlackRock Corporation
• Bloomberg
• Bogle, Jack
• Bonds
  • duration
  • prices with changing interest rates
  • prices at issuance
• Boston Market
• Bridgewater Associates
• Brownian motion
• Brynjolfsson, Erik

C

• “The Canary in the Coal Mine: Subprime ...