active versus passive investing

Jun 18

SpaceX, OpenAI and Anthropic: The S&P 500 Inclusion Question and Investment Consequences!

Aswath Damodaran

Over the last few weeks, attention has (rightly) been focused on three potentially trillion dollar companies all lined up to go public, and much of the discussion has been about what SpaceX, Anthropic and OpenAI are worth (and will be priced at). In parallel, there has been a debate about indices...

indices active versus passive investing

Jun 17 2025

The (Uncertain) Payoff from Alternative Investments: Many a slip between the cup and the lip?

Aswath Damodaran

It is true that most investing lessons are directed at those who invest only in stocks and bonds, and mostly with long-only strategies. It is also true that in the process, we are ignoring vast swaths of the investment universe, from other asset classes (real estate, collectibles, cryptos) to...

private equity hedge funds alternative investing market timing active versus passive investing