Disregarding data, novices often sail into strong winds
Traders see an implicit promise beyond specific asset purchases
Price movements can be more extreme
Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting
Less attention to downside of nation’s carbon-neutral goals
Stocks don’t react to news immediately because, well, we’re human
Investors may underreact when information arrives in small, continuous bits
Skewness, measuring the range of biases, strongly suggests rate moves
We won’t call it debunking, but not all investing tips hold up
Not part of financial reporting, trademark activity predicts stock returns
Using Chinese A and B shares, institutional players outperform individuals
Equity volatility can encourage — or dampen — investment, depending on a firm’s bond spread
Active investors take up some — but not all — of the slack created by index funds
Even before Dodd-Frank rules, the costs were significant
Some investment vehicles are more reliant than others on the health of trading firms
As a group, Chinese futures traders more likely to suffer margin call than to profit