Description: In this presentation, session number 10PD at the 1999 Annual Meeting of the Society of Actuaries held October 17-20 in San Francisco, the panelists discuss their experiences with asset valuation methods. Topics include characteristics of an effective asset valuation method, the extent to which recent economic activity should influence the smoothing period selected, whether one method smoothes valuation assets more than another, whether different methods for funding and expense make sense, and whether the current asset valuation method is accomplishing its intended purpose. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 3.

Description: Feature article describing the use of arithmetic means in the production of return results predictions.

Description: Feature article about: one of the significant contributions of modern academic finance has been to introduce the concept of stochastic investment forecasting

Description: Feature article discussing arithmetic means.

Description: Investment Fallacies: The Fallacy of Independence