CFA Society Switzerland’s Post

https://buff.ly/3YQkPD5 Another post from George Dell's free blog looks at What is the New Valuation Paradigm? The “new valuation modeling paradigm” is a term coined by Marv Wolverton, PhD, MAI in a response to George's The Appraisal Journal article linked in this post. Are we still teaching the same education as before?

https://buff.ly/4a1xbeu The Throwback post of the Week from George Dell's free blog looks at What is the New Valuation Paradigm? The “new valuation modeling paradigm” is a term coined by Marv Wolverton, PhD, MAI in a response to George's The Appraisal Journal article linked in this post. Are we still teaching the same education as before?

https://buff.ly/4cpj448 The Throwback post of the Week from George Dell's free blog looks at What is the New Valuation Paradigm? The “new valuation modeling paradigm” is a term coined by Marv Wolverton, PhD, MAI in a response to George's The Appraisal Journal article linked in this post. Are we still teaching the same education as before?

https://buff.ly/3ITw9oO Another post from George Dell's free blog looks at What is the New Valuation Paradigm? The “new valuation modeling paradigm” is a term coined by Marv Wolverton, PhD, MAI in a response to George's The Appraisal Journal article linked in this post. Are we still teaching the same education as before?

https://buff.ly/4ciJ4gh Another recent post from George Dell's free blog looks at What is the New Valuation Paradigm? The “new valuation modeling paradigm” is a term coined by Marv Wolverton, PhD, MAI in a response to George's The Appraisal Journal article linked in this post. Are we still teaching the same education as before?

At this year’s #FII8, Andreea Zugravu (partner) heard conversations that went beyond surface-level trends to explore how shifts in geoeconomics, advanced tech, and a human-centered approach are transforming our global landscape. See the video below for more on-the-ground insights! #NeverJustTech #FII #McKinsey

Eugene F. Fama: Unveiling the Architect of Financial Revolution Embark on a captivating journey into the world of finance with Eugene F. Fama, the mastermind behind the modern financial paradigm. 🚀 Discover the gripping tale of how his bold theories reshaped investing, earning him the prestigious Nobel Prize in Economic Sciences. 💡 Unravel the secrets of efficient markets and the profound impact of Fama's vision on our financial landscape. #FinancialRevolution #EugeneFFama #NobelLaureate #MarketEfficiency #InvestingGuru Prepare to be captivated by the story of Eugene F. Fama, a visionary economist and the father of modern finance, whose ideas have ignited a financial revolution. Born in the bustling city of Boston in 1939, Fama's journey from academia to the forefront of finance is nothing short of extraordinary. As a young scholar, Fama pursued his passion for economics at the University of Chicago, where he delved into the mysteries of financial markets. It was here that he began to question conventional wisdom and chart a course towards groundbreaking discoveries. Fama's crowning achievement came with the development of the efficient market hypothesis (EMH), a concept that rocked the foundations of traditional finance. By positing that asset prices reflect all available information, Fama challenged investors to rethink their strategies and embrace the power of market efficiency. 💼💰 But Fama's influence extended far beyond the ivory towers of academia. His research laid the groundwork for a new era of investing, characterized by passive strategies and index funds. Investors around the globe clamored to heed Fama's advice, eager to unlock the secrets of market efficiency. 📈💡 In 2013, Fama's contributions were recognized on the world stage when he was awarded the Nobel Prize in Economic Sciences. Alongside esteemed colleagues Robert J. Shiller and Lars Peter Hansen, Fama was hailed for his empirical analysis of asset prices, cementing his place in the annals of financial history. 🏆🌍 Today, Fama's legacy lives on as a guiding light for investors navigating the complexities of modern markets. His ideas continue to shape the way we invest, innovate, and interact with the financial world. As we reflect on his remarkable journey, we salute Eugene F. Fama, the master architect of financial revolution, whose bold vision continues to inspire and transform. 🌟📊 #FinanceInnovation #EconomicTheory #MarketInsights #fatherofmodernfinance

𝗡𝗼 𝗺𝗼𝗿𝗲 𝗻𝗲𝗮𝘁 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼𝘀 𝗡𝗼 𝗺𝗼𝗿𝗲 𝘃𝗶𝘀𝗶𝗼𝗻𝘀 𝗽𝗿𝗶𝘀𝘁𝗶𝗻𝗲 𝗡𝗼 𝗺𝗼𝗿𝗲 𝗻𝗲𝗮𝘁 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼𝘀 𝗥𝘂𝗺𝗼𝗿 𝗵𝗮𝘀 𝗶𝘁, 𝘁𝗵𝗲𝘆'𝘃𝗲 𝗴𝗼𝗻𝗲 𝗼𝗳𝗳 𝘁𝗵𝗲 𝘀𝗰𝗲𝗻𝗲 Want to know a secret? One can make as many scenarios as one wishes if one 𝘢𝘣𝘢𝘯𝘥𝘰𝘯𝘴 𝘴𝘤𝘦𝘯𝘢𝘳𝘪𝘰 𝘵𝘩𝘪𝘯𝘬𝘪𝘯𝘨 first. "He must so to speak throw away the ladder, after he has climbed up on it" (Wittgenstein). What have I learned? When you look at any organization, you realize it has several things that shape it. Call them 𝘋𝘪𝘮𝘦𝘯𝘴𝘪𝘰𝘯𝘴. Each of these dimensions can develop in many different directions. Call idealized endpoints of the directions 𝘔𝘰𝘥𝘦𝘭𝘴. Then you have several 𝘋𝘪𝘮𝘦𝘯𝘴𝘪𝘰𝘯𝘴 with different 𝘔𝘰𝘥𝘦𝘭𝘴. Then you can create scenarios by choosing one model from each dimension. The total number of scenarios is given by models raised to the power of dimensions. For example, if you have 10 dimensions and 3 models each, you will get 59 049 scenarios. Some very plausible, some close to incoherent. But we do not need scenarios, we need analytic thinking that cuts the futures in to pieces that we can discuss. "Wovon man nicht sprechen kann, darüber muss man schweigen." We need dimensions, models, and associated trajectories, no neat scenarios. The trick is that we need to identify the relevant dimensions and models. 𝗧𝗵𝗶𝘀 𝗶𝘀 𝘄𝗵𝗲𝗿𝗲 𝘁𝗵𝗲 𝗵𝗲𝗮𝘃𝘆 𝘄𝗼𝗿𝗸 𝗶𝘀 𝗱𝗼𝗻𝗲. One needs to discuss with stakeholders about their interest concerning the future and then scrutinize all available sources - research works, what people think, and what groups think - and base the dimension and models on this material and our analysis of it. This is what we did with regards to university futures. Go and check out. Create whatever scenarios you want - you have over 59 000 options. If you want them anymore. As you see, there is much more to the future than some neat set of scenarios. https://lnkd.in/dKyaKKVc

Fabulous report

🌟 Exciting News Alert 🌟 We are thrilled to announce the release of the University of Oregon Investment Group's 2024 Annual Report! 📈 Throughout the year, our group has been dedicated to fostering growth in our investment endeavors, traveling to different cities and meeting with alumni, and of course having some late nights in the suite to perfect our work. Here are some highlights from 2024 that we would love to share with you or anyone that may be interested. Cheers to a wonderful year! 💼💡 #InvestmentExcellence #UOInvestmentGroup #AnnualReport2024