The CFA Society of New Zealand invite you to a viewing of direct webcast CDs from CFA Institute. Date: Thursday, 17 March Time: 12.30pm-2.00pm Venue: 2nd Floor Seminar Room, Reserve Bank of New Zealand,2 The Terrace, Wellington Presenter: Clifford S. Asness discusses:
What is the equity risk premiium (ERP), and is it different from what it was in the past?
The link between the ERP, earnings growth, and dividends.
Why the Fed model is a poor predictor of long-term real stock returns.
