Stock Buybacks Are Set-ups?
November 27, 2006 - Buybacks-Secondaries
…prior downward management of earnings (via accruals) is one reason that firms repurchasing shares generate subsequent abnormal stock returns.
November 27, 2006 - Buybacks-Secondaries
…prior downward management of earnings (via accruals) is one reason that firms repurchasing shares generate subsequent abnormal stock returns.
November 25, 2006 - Individual Gurus
Jim Cramer sent comments on our evaluations of his advice (“Jim Cramer Deconstructed” and “Cramer Offers You His Protection”). Because of the nature of Mr. Cramer’s initial message, we retain the personal nature of the subsequent exchange with slight editing (spacing and punctuation) for readability, and substitution of descriptive links for long URLs. The correspondence… Keep Reading
November 22, 2006 - Equity Premium
…investors expect annual equity returns of 3-4% over the risk-free rate in coming years.
November 21, 2006 - Buybacks-Secondaries
…the stocks of companies issuing equity and convertible debt tend to underperform over several years as they invest “easy money” into projects of diminishing returns.
November 20, 2006 - Cartoons, Individual Gurus, Investing Expertise
……you may be seeing something like this.
November 19, 2006 - Individual Gurus - Guru Accuracy: 54%
We evaluate here the the market commentary of Paul Tracy available via Zacks.com since October 2002. Paul Tracy, founder and Chief Investment Strategist of StreetAuthority, is one of Zacks’ “pros.” StreetAuthority describes itself as “a research-intensive financial publishing firm that aims to level the playing field for small investors by giving them access to the… Keep Reading
November 16, 2006 - Mutual/Hedge Funds
…synthetic hedge funds constructed statistically as mechanical trading strategies offer transparent, liquid, scalable, low-cost alternatives to actively managed hedge funds.
November 6, 2006 - Economic Indicators, Fundamental Valuation
…over the last 80 years, a few price-normalized variables (price-dividend, price-earnings, price-output and price-consumption ratios) and the approximate consumption-aggregate wealth ratio have been the best stock market indicators.
November 2, 2006 - Individual Investing, Investing Expertise
…the difficulty of successful investing/trading probably makes many investors/traders underestimate their own knowledge/abilities and overestimate the knowledge/abilities of advisors.
October 31, 2006 - Political Indicators
…investors might want lean toward companies that contribute to lots of political candidates (especially Democratic candidates for the House of Representatives).