Topic: Finance
Adapting Value Investing to the 21st Century
Including intangible assets in book value vastly improves the strategy’s returns
Ownership Structure of Tribal Land Exacts a Multibillion-Dollar Penalty
Can’t sell it, can’t borrow against it, can’t develop it
“How’re Sales, Roger?” “Good Question, Roger!”
When CEO and analyst share a first name, earnings estimates are sharper
Pencils Ready — You May Begin
The value of schmoozing, $3.4 trillion gone missing, the mystery of momentum investing, and more
Corporate Bond Market Meltdown Averted after Fed Action
Decade-old bank-risk limits may have exacerbated liquidity problems
One European Country Defaults: How Hard-Hit Is the Euro?
A predictive model employs credit default swaps across currencies
Does Better Corporate Disclosure Boost Markets?
Stronger financial reporting standards seem to mean more for growth of countries’ credit markets than their stock markets
Might More Lobbying Groups, Rather than Fewer, Be Good for Industry and the Public?
Make the influence industry more competitive, a theoretical study suggests
The Dollar: That Other Trade Problem
A strong currency makes U.S. exports harder to sell, even outside of China
Rising Rents Force Families to Curtail Spending on Food and Health Care
Cost burdens affect half of U.S. households that rent, as housing shortage worsens
Businesses Vastly Overestimate the Likelihood of Being Audited
Should tax-collecting agencies keep audit activity secret to discourage cheating?
Forgoing a Tax Refund to Signal Brightening Financial Prospects
Companies that use loss carry-forwards to offset future tax liability, instead of claiming a refund, enjoy favorable lending terms
Modern Monetary Theory: Fiasco in Latin America, Option in U.S.?
The populist model, embraced by some on the American left, resembles policy that helped torpedo some smaller economies
Good Information Alone Won’t Drive Financial Well-Being
A review of academic research finds the path to saving more and spending less often involves emotional prompts
A Tool for Finding Mispriced Stocks
Less sophisticated investors reveal their sentiment in certain trades, and a 20-year study measures it company by company