Disagree with Me? Idiot! Liar! Basher! Pumper!
April 1, 2005 - Animal Spirits, Cartoons, Individual Investing
…stock message boards, used with caution, have some value.
April 1, 2005 - Animal Spirits, Cartoons, Individual Investing
…stock message boards, used with caution, have some value.
March 31, 2005 - Big Ideas
…Mr. Bennett would recommend focusing long-term, non-U.S. investments in Australia, Britain, Canada, Ireland, New Zealand and perhaps South Africa and India. “The Anglosphere is where the action is going to be.”
March 29, 2005 - Cartoons, Mutual/Hedge Funds
In case your mutual fund’s got you down…
March 28, 2005 - Animal Spirits
…behavioral finance adds elements of human irrationality to the standard finance foundation concepts of Modern Portfolio Theory and Efficient Markets Hypothesis.
March 26, 2005 - Size Effect, Technical Trading
…a trading strategy based on simple moving averages is most appropriate for small capitalization stocks.
March 25, 2005 - Political Indicators
…stock market returns and volatility reflect investor uncertainty regarding the likelihood and nature of Congressional activity. This effect is economically significant.
March 24, 2005 - Cartoons, Individual Investing
In case the market’s got you down…
March 21, 2005 - Fundamental Valuation
…the Fed Model better describes the behavior of the market P/E over the past forty years than does a mean-reverting model.
March 16, 2005 - Big Ideas
…some risk-tolerant investors successfully exploit significant informational advantages by concentrating their portfolios in a few stocks that they know well.
March 15, 2005 - Size Effect
In his December 2004 paper, Jason Hsu shows that: “Cap-Weighted Portfolios Are Sub-optimal Portfolios”. Noting that over $10 trillion are currently invested in passive capitalization-weighted indices, he examines data from 1962-2003 to show that: