SBI University^SM provides an opportunity for an in-depth understanding of Strategy Based Investing^SM. Each article covers a particular "Concept" and often presents the empirical evidence upon which the concept is based. This is your opportunity to roll up your sleeves and look under the hood at what makes SBI tick. If you still have questions, comments, or a disagreement with our assessment after reading a Concept Paper, you are free to use the Questions and Comments box on the left side of the page.

This is an exciting time to be an investment professional, and we would like to encourage as much discussion around important topics as possible.

SBI University^SM is continually updated. The best way to stay abreast of the latest developments in Strategy Based Investing^SM is to register with athenainvest.com and subscribe to our newsletter, SBI Insights^SM. SBI University^SM, in conjunction with SBI Insights^SM, provides a comprehensive source of information to help you in your practice.

Over the coming months, the following areas will be added to SBI University^SM:

• More About Strategies
  • Strategy Persistence
  • Strategy Optimizing Portfolios
  • Measuring Strategy Consistency
  • In-depth Strategy Summaries
• Identifying Successful Active Managers
  • Are Fund Managers Skillful?
  • The Importance of Active Management
  • Historical Returns as a Predictor of Future Fund Performance
  • Manager Performance Persistence
  • What Diamond Ratings tell us About Managers
• Identifying Attractive Stocks with AlphaIQ
  • Estimating AlphaIQ
  • US and International Stock AlphaIQ Research Findings
• Pitfalls of the Style Grid
  • Boxes are not Asset Classes
  • Boxes are not Part of Modern Portfolio Theory
  • Boxes and Risk Managment
  • Why Knowing a Fund's P/E Ratio and Market Capitalization Doesn't Help

If you would like us to provide our take on any investment topic, please use the Questions and Comments box on the left side of this page, and would be happy to respond.