Blog
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Predicting anomaly returns with politics, weather, global warming, sunspots, and the stars
Professor Novy-Marx does some really great research. We’ve highlighted his work on a few occasions. His specific work on the gross profits factor has influenced a lot of my own research. Novy-Marx has a really interesting piece discussing “data-mining:” Ferson, Sarkissian and Simin (2003) warn that …
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Debt burdens are painful!
Reinhart (and another Reinhart) and Rogoff have another paper in their series about “Why debt sucks.” The title of their newest work is “Debt Overhangs: Past and Present.” Headline: We identify the major public debt overhang episodes in the advanced economies sincethe early 1800s, characterized …
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Turnkey Analyst Relaunch
Our new Turnkey Analyst Screening tool is back in action after a battle with our old data provider. We fought long and hard and came up with a solution: Keep It Simple Stupid (KISS). The new turnkey screener does only 1 strategy. We visually depict the …
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Does Screening out Garbage Enhance Performance?
Jack and I are working on a new research paper that addresses a very simple question: Can investors improve their screening process by eliminating frauds, manipulators, and financially distressed firms? Answering this question appears easy, but as Cliff Asness and Andrea Frazzini point out in …
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Turnkey Research Note: DISH Network Corp. (DISH:NASDAQ)
Charlie Ergen, the billionaire founder of Dish Network Corp., is not shy about pursuing the holy grail of the telecommunications industry. Over the next ten years, he wants DISH to become a provider of three major services, Internet, video and voice service, both on mobile …