…the increased cash holdings: “Our estimates suggest that 79% of the increase in foreign cash is due to a combination of declining international tax rates and active tax minimization behavior…
Search Results for: psychology OR behavior
The Great Index Fund Takeover
…have long theorized that common ownership might encourage coordinated behavior among companies linked by the same set of owners.” But the article notes that the potential impact of common ownership…
The Elusive Definition of Risk
…can prevent us from achieving our goals. Risk can derail investment plans. Risk can trigger the behavioral issues that we are all prone to. So having a way to properly…
Move Your Money to Increase Say on Corporate Behavior
While fund manager fees and performance are widely covered, “relatively little attention has been given to their role in corporate governance,” says an article in The New York Times that…
Damadoran on the Dilemma of Disruption
…like to deal with uncertainty,” he said, adding that we typically respond with either prayer, denial, heuristics, herding behavior, or by outsourcing to experts. For investment professionals, however, Damadoran argues…
Ang Warns About Value
…be tempted to “buy into the value factor simply because it appears inexpensive,” the article reports. In a recent interview, Ang said, “Human behavior may cause us to foolishly get…
New Link Between Stocks and Bonds reflects Change in Market
A pattern has emerged over the last decade in which value share performance has increased when the yield curve has steepened, a relationship that represents changes in investor behavior. This…
Robert Shiller Discusses New Book and Investing Fads
In a recent interview with Barron’s, Nobel laureate Robert Shiller talks about his new book, Narrative Economics and shared insights on the markets and investor behavior. Here are some highlights:…
Dimensional Changes investment Process
…adding a new factor based on the behavior of companies with high levels of investment.” The firm’s head of research, Savina Rizova and co-author Namiko Saito published new research that…
Five Questions: The Man Who Solved the Market with Gregory Zuckerman
…advantage of others behavior or behave better than others yourself (a behavioral edge). The first two edges in particular are very difficult to achieve these days. Information flows very freely…