By Eric Falkenstein, who adds: “This is a critique of asset pricing theory. Some knowledge of the empirical issues in academic finance are required for it to make sense. It’s a substitute for Cochrane’s Asset Pricing text.”
AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
380 posts You may also like
Global wealth is expected to top $70 trillion by 2017.
With the offering now seemingly set for May, here’s a fresh look at past IPO performance, new thoughts on valuation and potential scams and fees to avoid.
Our data also shows that companies with better ESG performance are more resilient in high-volatility environments.
Data show a strong statistical relationship between earnings and stocks