Topic: Stock Returns
Airline Shareholders Were the Big Losers from Deregulation
Consumers, on the other hand, gained in good times and bad
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