Topic: Investing
Treasury Securities Are Actually Cheap Sometimes
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
Underappreciated Investment Edge: Company Trademark Filings
Not part of financial reporting, trademark activity predicts stock returns
Unintended Consequence of Stale Corporate Bond Fund Prices Amid Fed Tightening
In wild markets, do the most dated prices actually reduce redemptions?
Upside Earnings Surprise Issued Late: Signal of Possible Manipulation
Companies that take longer than expected to announce results may be buying time for accounting tricks
What Drives LBO Fever? More Than Just Cheap Loans
Private equity investors weigh the total cost of capital — not just debt, but equity as well — when pursuing buyouts
What Happens to Pesos When Dollars Go Digital?
As major central banks adopt digital currency, emerging countries will feel mixed effects
What Limited Attention Does to Efficient Market Theory
Stocks don’t react to news immediately because, well, we’re human
When Financial Intermediaries Sneeze, These Assets Catch a Cold
Some investment vehicles are more reliant than others on the health of trading firms
When Individuals Concentrate in a Stock, Earnings Surprises Play Out Differently
Price movements can be more extreme
When Lenders Put a Muzzle on Borrowers
Companies hide from shareholders information about loans — more than likely to appease banks
When the Fed Taps the Brakes, Not All Banks Slow Down
Some lenders’ balance sheets are less affected by a rising federal funds rate
When Younger Investors Overreact to News, Others Feel It
Inexperienced investors, lacking historical context, impact markets
Who Gets Venture Capital?
Experienced founders with good products still need great employees to attract early investment, study finds
Why Big Banks Can Pay Less on Deposits
Their level of technology and services makes up for it; it’s vice versa with little banks
Why Rising Stocks Sometimes Reverse, Then Rally
Cultural differences and investor behavior can drive reversals and momentum
Why Risk and Reward Don’t Always Move in Concert
Investors initially underreact to volatility, then overreact