Excess Returns – My Blog

Data Update 5 for 2024: Profitability – The End Game for Business?

In my last three posts, I looked at the macro (equity risk premiums, default spreads, risk free rates) and micro (company risk measures) that feed into the expected returns we…

jamur January 31, 2024

Data Updates Excess Returns Profitability

Data Update 6 for 2020: Profitability, Returns and the value of Growth

In an age, where scaling up and growth seems to have won out over building business models and profitability, as the most desirable business traits, it is worth stating the…

jamur March 21, 2020

Corporate Governance Excess Returns Profitability

January 2019 Data Update 6: Profitability and Value Creation!

In my last post, I looked at hurdle rates for companies, across industries and across regions, and argued that these hurdle rates represent benchmarks that companies have to beat, to…

jamur January 27, 2019