A Nobel Retirement: 3 Nobels, 3 Pillars, and 3 Facets of Retirement Investing: The Contributions of Franco Modigliani, Robert C. Merton and William Sharpe to Retirement Security by Dr. Arun S. Muralidhar, honors the contributions of three Nobel Laureates who laid the foundations for ensuring citizens get a noble retirement. One of the most overlooked areas by finance academics, the third facet of investments, is calculating risk-adjusted performance (the first two being asset pricing, leading to asset allocation, and then being evaluated ex-ante and expost through risk-adjusted performance).

Arun Muralidhar, Ph.D.