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
Even lower yields on U.S. Treasuries are possible, and they could help drive up the prices of dividend-paying stocks as an investment alternative.
Tech stocks are already up 7% in 2018
Via Lapham’s Quarterly – note that three of them are recent. Click through to view larger original
The Wall Street Journal reports (emphasis added): Over the two years ending September 2010, Americans withdrew a net $311 billion — or […]