Capital allocation is a key concept in both corporate finance and personal investing. It's about how individuals or businesses decide to distribute their resources among various investment opportunities to achieve maximum returns.

The Modigliani-Miller theorem is a foundational concept in corporate finance, often considered a powerful principle that demonstrates how a firm’s value is unaffected by its capital structure in a perfect market. Since its inception, this theorem has profoundly impacted financial…

The Capital Asset Pricing Model (CAPM) plays a central role in investment strategy, providing a structured method for understanding risk-return relationships.