Topic: Stock Returns
Adapting Value Investing to the 21st Century
Including intangible assets in book value vastly improves the strategy’s returns
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?
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
A Solution to the Debate over Momentum’s Cause?
Investors may underreact when information arrives in small, continuous bits
A Broader Measure of Value Creation at Corporations
A tool in the debate over shareholder primacy and wealth disparities
46 Possible Stock Market Strategies from Academics Get a Retest
We won’t call it debunking, but not all investing tips hold up
“How’re Sales, Roger?” “Good Question, Roger!”
When CEO and analyst share a first name, earnings estimates are sharper