great for class discussion from Barry Ritholtz:
Excessive executive pay for plain dumb luck: Barry Ritholtz - Moneyweb: "You can place much of the blame on compensation consultants and the corporate boards that hire them. Boards are supposed to act on behalf of shareholders when they are considering the pay packages created by the former. But the relationships are riddled with conflicts that
Endowment Sweepstakes: How Tiny Houghton College Beat Harvard - The New York Times
Endowment Sweepstakes: How Tiny Houghton College Beat Harvard - The New York Times:
"Compare the results with those of Houghton College, a liberal arts institution affiliated with the Wesleyan Church in the Genesee Valley in western New York. Houghton has just over a thousand students and an endowment of $46.4 million. Houghton emerged in the top quartile of all endowments, according to Nacubo,
"Compare the results with those of Houghton College, a liberal arts institution affiliated with the Wesleyan Church in the Genesee Valley in western New York. Houghton has just over a thousand students and an endowment of $46.4 million. Houghton emerged in the top quartile of all endowments, according to Nacubo,
An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we're getting it all wrong
An Ivy League professor who spent 4 months working in a South Bronx check-cashing store says we're getting it all wrong:
"The three common reasons customers cited for using a check casher over a bank: cost, transparency, and service. Lisa Servon couldn't kick the nagging feeling that the financial elite had it all wrong. The prevailing wisdom from bankers and policy makers went like this:
"The three common reasons customers cited for using a check casher over a bank: cost, transparency, and service. Lisa Servon couldn't kick the nagging feeling that the financial elite had it all wrong. The prevailing wisdom from bankers and policy makers went like this:
ASU Professor Debunks Stock-Market Myth | KJZZ
ASU Professor Debunks Stock-Market Myth | KJZZ: "The so-called “Weekend Effect” refers to the tendency of stock returns to be significantly lower on Mondays than the preceding Fridays. Some theories point to companies releasing bad news after the markets close on Fridays, leading to lower prices on Monday, but new research reveals the “Weekend Effect” hasn’t existed for years.
"
'via Blog this'
"
'via Blog this'
Boeing Sweats Under Trump Spotlight as SoftBank Feels Warmth - Bloomberg Politics
Boeing Sweats Under Trump Spotlight as SoftBank Feels Warmth - Bloomberg Politics: "This is extraordinary,” said Mohan Tatikonda, a professor at Indiana University’s Kelley School of Business. “For a president to get involved at the level of spot locations, spot companies, spot plants, is I think unprecedented.”
Stock Moves
The president-elect’s moves had consequences for the market, with Boeing
Stock Moves
The president-elect’s moves had consequences for the market, with Boeing
Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics
Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics: "Ruling in its first insider-trading case in two decades, the justices unanimously said that people can be sent to prison for making trades even when the insider who provided the tip wasn’t trying to make money. The court said it’s enough if the insider gave the information as a gift to someone likely to trade on it."
Podcast Episodes for Finance Classes
Podcast episodes for Finance classes. Primarily for my own classes, but useful in any finance class.
For economics classes, here is a list I made as well.
FOR A CORPORATE FINANCE class
A mule trader (finance is not new):
http://www.bloomberg.com/news/audio/2015-12-14/episode-6-meet-the-man-who-made-millions-trading-mules
How finance has grown:
http://www.bloomberg.com/news/audio/
The rich outlive the poor by up to 9.5 years in the United States, study says | News & Observer
A must read!!
Yes a bit biased, but fascinating and telling. The researchers rearranged the richest and poorest counties into "states" and then analyzed these new "states".
The rich outlive the poor by up to 9.5 years in the United States, study says | News & Observer:
"The poorest “state” was made up of actual counties from Alabama, Arkansas, Georgia, Illinois, Kentucky, Louisiana,
Yes a bit biased, but fascinating and telling. The researchers rearranged the richest and poorest counties into "states" and then analyzed these new "states".
The rich outlive the poor by up to 9.5 years in the United States, study says | News & Observer:
"The poorest “state” was made up of actual counties from Alabama, Arkansas, Georgia, Illinois, Kentucky, Louisiana,
Podcast episodes for economics classes
Here are some great podcast episodes for economic classes. I use them (either reference them or make them available to my students).
Remember, my linking to them is not an endorsement of everything they say, but rather a way of getting us all to think about things a little differently)
Economic Podcast Episodes
* Why economics and politics don't mix:
* Introducing GDP: http://
Black Monday Revisited: Lessons From 29 Years of Market History | PIMCO Blog
Just a great article from PIMCO:
Black Monday Revisited: Lessons From 29 Years of Market History | PIMCO Blog: "It was 29 years ago this month that world equity markets experienced a meltdown that became known as Black Monday (or Black Tuesday in Asian time zones). On 19 October, the Dow Jones Industrial Average plunged 23%, its largest-ever one-day percentage decline.
As equity and bond
Black Monday Revisited: Lessons From 29 Years of Market History | PIMCO Blog: "It was 29 years ago this month that world equity markets experienced a meltdown that became known as Black Monday (or Black Tuesday in Asian time zones). On 19 October, the Dow Jones Industrial Average plunged 23%, its largest-ever one-day percentage decline.
As equity and bond
Research: Index Funds Are Fueling Out-of-Whack CEO Pay Packages
Research: Index Funds Are Fueling Out-of-Whack CEO Pay Packages:
"We found that when firms in an industry are more commonly owned, top managers receive pay packages that are much less performance-sensitive. In other words, these managers are rewarded less for outperforming their competitors. This difference in compensation has a sizeable effect. In industries with little common ownership,
"We found that when firms in an industry are more commonly owned, top managers receive pay packages that are much less performance-sensitive. In other words, these managers are rewarded less for outperforming their competitors. This difference in compensation has a sizeable effect. In industries with little common ownership,
Shaking Up Boards Would Help Keep Corporations Honest - Hartford Courant
Shaking Up Boards Would Help Keep Corporations Honest - Hartford Courant:
While a somewhat extreme view, there is much truth in this. Read the whole article not just this reading-bite:
"Where do such directors come from? In U.S. companies they are typically chosen by shareholders, but in a system so rigged that it may be the closest Western analog to a Soviet election. The incumbent directors
While a somewhat extreme view, there is much truth in this. Read the whole article not just this reading-bite:
"Where do such directors come from? In U.S. companies they are typically chosen by shareholders, but in a system so rigged that it may be the closest Western analog to a Soviet election. The incumbent directors
99% of actively managed US equity funds underperform
99% of actively managed US equity funds underperform:
Surprised only by the 99%, I expected closer to 95-97%....wow...
"Amin Rajan, chief executive of Create Research, the consultancy, said: “These numbers are scary. Active managers need a root and branch look at their investment processes to retain their relevance in today’s surreal investment landscape.” According to the analysis, 99 per cent
Surprised only by the 99%, I expected closer to 95-97%....wow...
"Amin Rajan, chief executive of Create Research, the consultancy, said: “These numbers are scary. Active managers need a root and branch look at their investment processes to retain their relevance in today’s surreal investment landscape.” According to the analysis, 99 per cent
Subscribe to:
Posts (Atom)