Tag Archives: invest
David Yermack, a professor at NYU’s Stern School of Business, studied the first lady’s impact on apparel stocks for companies associated with outfits she wore. The results are impressive: she added over $5B in equity value to those firms in aggregate and stocks typically went up almost 2% in the week following her appearance. What … Continue Reading
I’ve had a couple of readers write in recently asking what I think the best market indicators are. It’s a hard question — I don’t think of them in terms of best or worst. More, there are useful indicators at different junctions in the market and really, they’re all part of an investor toolbox. But, … Continue Reading
How do investors discover what to buy? How do we find investment opportunities? In Does Investor Attention Affect Stock Prices?, Researchers found that small cap stocks with ticker symbols similar to larger cap stocks went up in sympathy with their larger cap brothers. In fact, these attention portfolios saw 1-3% abnormal returns. Pretty interesting, so … Continue Reading
There’s an old adage in the investment field. It’s become almost folk knowledge that you’re supposed to buy on the rumor and sell on the news. Simply, that means that the investment gains are made before news breaks. Once the news — good or bad — makes its way into the media, most of the … Continue Reading
Major Hugh Jones is a professor of finance and economics at the United States Military Academy and has had two tours of duty in Iraq. He also has an MBA from Duke. He spoke last year at the CARE conference (Center for Accounting Research and Education conference) about how the U.S. Army deals with high-stakes … Continue Reading
Wes Gray is a no-holds-barred researcher who’s always looking to uncover investment strategies that are actually useful in making investors money. He joins us this week on Tradestreaming Radio to discuss some of his recent research on expert community, SumZero and Joel Greenblatt’s Magic Formula, and lots more.