Topic: Investing

A warped S&P 500 logo in red on a white background Research Brief / Stock Returns

More Money Into Stock Index Funds Suggests Lower Future Returns

As index fees decline, will funds draw big money away from bonds?

Studio portrait of a diverse group of three women and three men smiling while standing against a grey background Research Brief / Venture Capital

Who Gets Venture Capital?

Experienced founders with good products still need great employees to attract early investment, study finds

Open Red Coin Purse on light blue background with copy space, minimalistic style. Research Brief / Investing

Muni Bond Buyers Pay a Little Extra for the Pleasure of Not Being Taxed

Doing so, they subsidize government, which is, well, sort of like a tax

Man using a laptop computer chatting with an intelligent artificial intelligence asks for the answers he wants. Feature / Investing

They’re Calling It the AI Bull Market

After launch of ChatGPT, swift reappraisal by investors

A folded paper fortune teller gsme with good news written on one flap and bad news written on another in black lettering. Research Brief / Debt

What Investors Infer From External News And Management Silence

Uncertainty about outside news alters company disclosures and how markets interpret them, study finds

Book Review / Behavioral Decision Making

Overcoming Obstacles to Taking Better Care of Your Future Self

Hal Hershfield’s book offers research-backed methods to build a healthier, happier, more financially secure life

A gloomy seascape. Research Brief / Corporate Finance

Looming Risk to Financial System: $1 Trillion in Commercial Loan Pools

Known as collateralized loan obligations, their aim is actually to reduce risk

A color photo of four catcti with a cactus blossom on the end at right. Research Brief / Taxes

A Simplified Tax Code and Post-Communist Growth

Study suggests flat tax systems boosted GDP in former Soviet republics and satellites

High angle blurred view of pillars forming green dollar sign Research Brief / Investing

A Different Way to Evaluate Private Equity Performance

An approach tailored to investor risk appetite and more comparable to stocks

A black and white illustration of a wave made of 100-dollar bills Research Brief / Investing

Across 145 Years and 17 Countries, a Common Thread in Risky Credit Booms

Do investors misprice assets, revise their risk appetite or make some other misjudgment?

An illustration of a man holding an umbrella standing ina sea of alarm clocks. Research Brief / Nudges

Lack of Urgency Can Undermine a Popular Behavioral Nudge

Encouraging pre-commitment to a future behavior helps people do hard things — but it can backfire

An aqua-colored view finder pointed at the ocean. Research Brief / Investing

How to Properly Incentivize Your Unicorn Finder

VCs and other investors need a contract with their seeker that blunts conflicts of interest

A collage of faces in white frames on a light green background Research Brief / Investing

How a Stock Analyst’s Face Affects Their Earning Estimates

Trustworthy and dominant-seeming men: access to corporate management. Dominant-seeming women: not so much.

A lone red char in empty office. Research Brief / Investing

As Concentrated Shareholder Ownership Rises, Wages and Employment Suffer

Where big investors gather, corporate wealth is reallocated away from workers

A crowd of people with their backs facing the viewer Research Question / Investing

When Individuals Concentrate in a Stock, Earnings Surprises Play Out Differently

Price movements can be more extreme

A close-up of soapy green water Research Brief / Debt

The Debt Market’s Indirect Antidote to ESG Greenwashing

Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting