97 Posts found for Industry: Investing

Once in Golconda is a dramatic chronicle of the breathtaking rise, devastating fall, and painstaking rebirth of Wall Street in the years between the wars. Focusing on the lives and fortunes of some of the era’s most memorable traders, bankers, boosters, and frauds, John Brooks brings to vivid life all the ruthlessness, greed, and reckless euphoria of the ’20s bull market, the desperation of the … [ Read more ]

Content: Book | Author: John Brooks | Subjects: Finance, History | Industry: Investing

Content: Online Resource | Source: CFA Institute | Subject: Associations / Organizations | Industry: Investing

Content: Online Resource | Source: Commodity Floor Brokers & Traders Association | Subject: Associations / Organizations | Industry: Investing

Content: Online Resource | Source: Managed Funds Association | Subject: Associations / Organizations | Industry: Investing

Content: Online Resource | Source: National Association of Stockbrokers | Subject: Associations / Organizations | Industry: Investing

Content: Online Resource | Source: Security Traders Association | Subject: Associations / Organizations | Industry: Investing

Content: Online Resource | Source: Association of Investment Management Sales Executives | Subject: Associations / Organizations | Industry: Investing

Content: Online Resource | Source: Certified Financial Planner Board of Standards | Subject: Associations / Organizations | Industry: Investing

Jay Ritter finds that shareholder returns are negatively correlated with economic growth.

Content: Article | Author: James Mahar Jr. | Source: FinanceProfessor.com | Subject: Finance | Industry: Investing

This article describes the concept of hedge funds/alternative investments, many of the different strategies they employ, and their relationship to Modern Portfolio Theory.

Content: Article | Author: Darrol J. Stanley | Source: Graziadio Business Report | Subjects: Finance, Industry Specific | Industry: Investing

No doubt many of you (myself included) will dutifully report to our students that the historical average return for large stocks is about 12% which corresponds to a risk premium of around 8%. (keeping math simple 😉 (see virtually any investment text for these numbers)) However, Dimson, Marsh, and Staunton report that this is probably an overly optimistic number. Not because the expected … [ Read more ]

Content: Article | Authors: Elroy Dimson, Mike Staunton, Paul Marsh | Sources: FinanceProfessor.com, Social Science Research Network (SSRN) | Subjects: Finance, Industry Specific | Industry: Investing

David Pitt-Watson, the author of the Hermes Principles and managing director of HFAM, runs the UK Focus Fund.

Content: Thought Leader | Source: McKinsey Quarterly | Subject: Management | Industry: Investing

The SEC’s Regulation FD, which required companies to share all important data with all investors – rather than with analysts – has proved controversial. Critics said it would impair analysts’ ability to forecast earnings and create havoc in the markets. Supporters argued that it would merely level the informational playing field. Who was right? One of the first efforts to measure the quantitative effects of … [ Read more ]

Content: Article | Authors: Partha S. Mohanram, Shyam V. Sunder | Source: STERNbusiness (NYU) | Subject: Finance | Industry: Investing

With a focus on corporate governance and business ethics, this timely book covers the evolution of socially responsible investing over time and around the world. Author Russell Sparkes is a U.K.-based authority with a bird’s eye view on the global perspective. Chapters cover Britain’s historic 2001 SRI regulations, as well as what Japan and Europe at large are doing in the field of SRI. Interestingly, … [ Read more ]

Content: Book | Author: Russell Sparkes | Subjects: Finance, Social Responsibility (ESG) | Industry: Investing

When Google announced in April that it would go public this year, some investors’ eyebrows rose over the plan to issue a class of super shares to ensure that the founders keep control. Each of the Class B shares reserved for insiders will carry 10 votes; ordinary Class A shares sold to the public will have one vote. Yet shareholders-rights groups have long complained that … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Finance | Industry: Investing

Does socially responsible investing (SRI) hurt (or help) returns on a risk adjusted basis? Of course theoretically it seemingly should lower pecuniary returns, but empirically it seems that every researcher has a different answer. Now Derwall, Guenster, Bauer, and Koedijk present their views on the argument. The authors form portfolios based on Innovest eco-efficiency scores. The finding? “After controlling for … [ Read more ]

Content: Article | Authors: Jeroen M.M Derwall, Kees C.G. Koedijk, Nadja Guenster, Rob Bauer | Source: Social Science Research Network (SSRN) | Subjects: Finance, Social Responsibility (ESG) | Industry: Investing

Much research has been devoted to what is often called herding behavior. This is the idea that investors trade just because others are trading. This is often cited as evidence of irrationality by finance behavorialists. (Is that a word? It should be!) Grinblatt, Keloharju, and Ikaheimo examine this type of behavior by looking at car purchases. No, really. … [ Read more ]

Content: Article | Authors: Mark Grinblatt, Matti Keloharju, Seppo Ikaheimo | Source: Social Science Research Network (SSRN) | Subjects: Finance, Industry Specific | Industry: Investing

What counts isn’t the bottom line but rather how it is calculated.

Content: Article | Author: Tim Koller | Source: McKinsey Quarterly | Subjects: Accounting, Finance | Industry: Investing

The field of social-purpose investing is growing and becoming more sophisticated. Should investors expect lower returns to benefit society? A new Harvard Business School study examines the question.

Content: Article | Author: Manda Salls | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Finance, Social Responsibility (ESG) | Industry: Investing

Market efficiency is a tough thing to beat. Go ahead, find an anomaly and then have it torn to bits in future papers. Lesmond, Schill, and Zhou come to the defense of market efficiency and find that the reported profits from momentum investing are minimally overstated and possibly non-existent because of the higher than normal transactions costs involved with the necessary trading. … [ Read more ]

Content: Article | Authors: Chunsheng Zhou, David A. Lesmond, Michael J. Schill | Source: Social Science Research Network (SSRN) | Subjects: Finance, Industry Specific | Industry: Investing