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How To Gain An Edge in The Market
I am a sophomore at an undergraduate business school majoring in finance. I am past the core finance class and onto corporate finance , and after learning more in-depth about the CAPM , Efficient Market Hypothesis, and asset valuation theory in general I have come out more confused than before. I am...
Remember the Primary Markets?
When I think about the evolution of the market place for debt and equity, I am reminded of the importance of the primary market. At some point in our society, ownership rights were established and equity was born. Capitalism led citizens to invest money in small businesses (primary market) for CapEx...
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