Federal Reserve Vice Chairman Quarles Will Voluntarily Recuse Himself From...
The Federal Reserve Board on Friday announced that Vice Chairman Randal K. Quarles will recuse himself from participating in matters specific to Wells Fargo & Company. While this action is...
View ArticleOffice of Financial Research Update: Research Paper, “Investor...
The OFR issued a research paper, “Investor Concentration, Flows, and Cash Holdings: Evidence from Hedge Funds.” The working paper says, some hedge funds have a few large investors. Such a concentrated...
View ArticleClass-Action Suit Targets ICO Promoted By Floyd Mayweather, Jr.
An initial coin offering (ICO) promoted by boxing champion Floyd Mayweather, Jr., is at the center of a newly filed class-action complaint.
View ArticleESMA Issues Updated Statement On Preparatory Work In Relation To CFDs, Binary...
The European Securities and Markets Authority (ESMA) has issued a statement updating on its work in relation to the sale of contracts for differences (CFDs), binary options and other speculative...
View ArticleCFTC Commitments Of Traders Reports Update
The current reports for the week of December 12, 2017 are now available.
View ArticleUK's Financial Conduct Authority Statement On ESMA’s Ongoing Work On...
The European Securities and Markets Authority (ESMA) has made an announcement(link is external) today on its work in relation to the provision of contracts for differences (CFDs), including rolling...
View ArticleTreasury International Capital Data For October
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2017. The next release, which will report on data for November 2017, is scheduled for January...
View ArticleMIT’s Andrew Lo Interviews Eugene Fama
In this video, Andrew LoâProfessor of Finance at MIT Sloanâspeaks with Eugene Fama about the arc of Geneâs empirical and theoretical research. The topics covered in this interview range from...
View ArticleAre Markets Efficient?
The efficient markets hypothesis (EMH), developed by Eugene Fama in the 1960s, simply states that prices reflect all available information. Despite its simplicity, the EMH has been difficult to test...
View ArticleDimensional's David Booth Interviews Eugene Fama
David Booth, chairman and co-CEO of Dimensional Fund Advisors, has been working with Eugene Fama since the mid-1960s. David was a PhD student in Geneâs class and later asked Gene to become a board...
View ArticleMore Sellers than Buyers?
KRF:Â What does it mean to say there is a flight to quality? For every seller there must be a buyer. After exploring this simple point, I explain how expectations about future cashflows and future...
View ArticleIs This a Good Time for Active Investing?
KRF:Â I explain why active investing is always a negative sum game. We often hear that now is a good time (or a bad time) for active investing. That does not make sense. In aggregate, active investors...
View ArticleIdentifying Superior Managers
Although it would be great if we could all hire above average active managers, that only happens in Lake Wobegon. Superior managers may exist, but most investors might as well be picking their managers...
View ArticleDollar Cost Averaging
Does it make sense to dollar cost average? It depends. Standard financial analysis says dollar cost averaging is suboptimal. If you focus on only your investment outcome, investing a lump sum...
View ArticleDid Diversification Fail When We Needed It Most?
Investors may doubt the usefulness of diversification after the recent market decline. In this video, Kenneth French explains that diversification cannot reduce the volatility of the overall market,...
View ArticleFama on Market Efficiency in a Volatile Market
Widely cited as the father of the efficient market hypothesis and one of its strongest advocates, Professor Eugene Fama examines his groundbreaking idea in the context of the 2008 and 2009 markets. He...
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