We outline the ethical considerations surrounding the trading of diamonds, the metrics used to value diamonds, the history of diamond trading, and the current market structure. We provide an analysis of the underlying risk and return characteristics of several individual diamond types. We show...

We conduct an analysis of diamonds as an investable asset. We discuss the literature of alternative asset class investing and how diamonds fit into this investment framework. We examine the correlation of diamonds with several financial indices and a set of metal commodities and demonstrate the...

This paper addresses one of the more difficult topics in teaching MBA level financial management, the statement of cash flows. By employing financial statement equations in preparing the statement of cash flows, students: (1) are employing tools that they are more familiar and comfortable with...