Archive for October, 2008

• Friday links: faltering growth
  abnormalreturns, October 31st, 2008 at 12:44 pm, Comments: 0

  “(T)hose who thought Yale had found the key to success have been disappointed.”  (Economist.com also Bull Bear Trader) Yet another look at the statistical validity [...]

• Thursday links: change is good
  abnormalreturns, October 30th, 2008 at 12:21 pm, Comments: 0

  “Churning is a sign of change and change is good following a long bear market.”  (Barrons.com) “In finance, we know less than we think, so [...]

• Wednesday links: utterly schizophrenic
  abnormalreturns, October 29th, 2008 at 12:48 pm, Comments: 0

  At today’s prices TIPS are an attractive alternative to cash.  (Barrons.com, WSJ.com) “It is a confusing time to be running money, especially using quantitative approaches, [...]

• Tuesday links: always a bubble somewhere
  abnormalreturns, October 28th, 2008 at 2:32 pm, Comments: 0

  The Pickens Purge.  Investors ask for their money back.  (WSJ.com) Hedge funds are on track for another horrible month.  (NYPost.com) Investing like Yale is not [...]

• Monday links: brash market calls
  abnormalreturns, October 27th, 2008 at 12:22 pm, Comments: 0

  “For the first time in a couple of decades, stocks are now relatively cheap (US, developed markets, emerging).  Now is not the time to abandon [...]

• False diversification and the rise of novel asset classes
  abnormalreturns, October 24th, 2008 at 12:13 pm, Comments: 0

  One of the many disappointments of the current crisis has been the utter failure of diversification to shield investors from harm.  Absent an investment in [...]

• Thursday links: absent edition
  abnormalreturns, October 23rd, 2008 at 2:05 pm, Comments: 0

  Due to unforeseen circumstances there will be no linkfest for a few days.   In the meantime you can check out some of the other notable [...]

• Wednesday links: we get letters
  abnormalreturns, October 22nd, 2008 at 12:51 pm, Comments: 0

  Hedge fund managers are trying to assuage investors with their dear investor letters.  (WSJ.com also The Big Money) At least some one made money on [...]

• Tuesday links: buyback blow-ups
  abnormalreturns, October 21st, 2008 at 12:41 pm, Comments: 0

  More signs the credit markets are tentatively returning to normalcy.  (Alea, WSJ.com, Curious Capitalist) Can value investors time the market?  (Market Movers) One market valuation [...]

• Monday links: reasons for optimism
  abnormalreturns, October 20th, 2008 at 3:39 pm, Comments: 0

  Credit market conditions are improving.  (Alea, MarketBeat, Market Movers) Fiscal stimulus, part two.  (Real Time Economics) There have been no IPOs for ten weeks.  That’s [...]