Research. Reviews. Ideas. Built for investment professionals.
Efficient Markets
Financial Times Video: “Taking the Temperature of How the Smart Money Is Thinking”
John Authers queries speakers on a wide range of topics, including systemic risk, the global pensions crisis, and behavioral finance.
Rewrite the Finance Textbook: Low Risk Offers High Return
As investment professionals, we were taught wrong. We were taught capital asset pricing model and efficient market hypothesis, which are overly simplistic. And contrary to what we were taught, low-volatility stock portfolios consistently outperform.
Gene Fama on Efficient Markets and the Casualties of the Financial Crisis
Professor Eugene F. Fama of the University of Chicago Booth School of… READ MORE ›