What trades are you talking about??? You are clearly mistaking your trading world for the problems faced by social scientists of modeling. Modeling involves...
3241
Dalton Mota
thedalton1
Dec 1, 2001 7:06 pm
Great post Peter. I do agree with most of what you wrote about science. Actually, i think of behavioural finance as the science (or the art) of reading the...
3242
Bob Bronson
bobbronson2001
Dec 1, 2001 7:21 pm
Q "What trades are you talking about???" A Trades in your theory of non-overlapping "disperse information" as I explained. Your personalistic evaluations are -...
3243
Peter R. Locke
peterlocke_98
Dec 1, 2001 7:30 pm
... From: Bob Bronson [mailto:bob@...] Sent: Saturday, December 01, 2001 2:21 PM To: Behavioral-Finance@yahoogroups.com Subject: RE: Fw:...
3244
Peter R. Locke
peterlocke_98
Dec 1, 2001 7:31 pm
Thanks...somebody gets it, I guess. Great post Peter. I do agree with most of what you wrote about science. Actually, i think of behavioural finance as the ...
3245
Bob Bronson
bobbronson2001
Dec 1, 2001 7:46 pm
Why wouldn't the Efficient Frontier, which has demonstrable negative prospective value as it is only a hindsight point-to-point best fit to highly cyclical...
3246
Bob Bronson
bobbronson2001
Dec 1, 2001 7:47 pm
Is this the best that you can do, or are you working on an answer? ... From: Peter R. Locke [mailto:plocke@...] Sent: Saturday, December 01, 2001 12:31 PM ...
3247
Peter R. Locke
peterlocke_98
Dec 1, 2001 7:58 pm
I didnt see a question, just preaching. I think I've had it. Sorry. Just a failure to communicate. I've had 1 or 2 students with the same sorts of issues...
3248
Martin Sewell
martinsewell1
Dec 1, 2001 8:17 pm
Frequently Asked Questions in Mathematics: Why is there no Nobel in mathematics? ...
3249
Daniel Yabe Milanez
tuba2000br
Dec 1, 2001 8:59 pm
Dear Members, Could I say that the financial regulation today keeps the "unbounded rationality" principle and look for eliminate information assymetries and ...
3250
Bob Bronson
bobbronson2001
Dec 1, 2001 9:10 pm
Fun article, which raises the game theory question of what degree of reflection is necessary to "beat" the capital markets. We would suggest it is only the...
3251
Bob Bronson
bobbronson2001
Dec 1, 2001 9:19 pm
Fine, Peter, but the problem is I am not your student, and you have a lot to learn yourself. My responses were defensive because you chose not to discuss the...
3252
Bob Bronson
bobbronson2001
Dec 1, 2001 9:53 pm
I think this question leads to an important understanding of the causes of the non-normal distribution of stock market returns, at least for the short term...
3253
leif_ericssen@...
leif_ericssen
Dec 4, 2001 11:14 pm
How do they differ in their performance, rationale and turnover from traditional investment strategies? Jan...
3254
Peter R. Locke
peterlocke_98
Dec 5, 2001 12:45 am
Are these quantitative 'arbitrage' strategies, such as LTCM...they should be zero beta, with forecasted returns based on market inefficiencies/mispricing,...
3255
yang jun
yang_jun008
Dec 5, 2001 1:46 am
According to Richard Bernstein and Lisa Kirschner's article in <Quantitive Strategy Update>(11/21/2001),No Matter How You Measure,High quality is Cheap.Why...
3256
MJS
kindofmike
Dec 5, 2001 1:59 am
There is a wide variety of quantitiative investment strategies that can be applied to any type of securities. On the aggregate, performance is the same as ...
3257
annette schulz
annette_schulz
Dec 5, 2001 5:18 pm
Who are you?? I have to write an important essay about "behavioral finance" and I have al lot of problems.... I just red your e-mail about that theme.....you'...
3258
Martin Sewell
martinsewell1
Dec 5, 2001 11:24 pm
Annette ... Search the archives here: http://groups.yahoo.com/group/Behavioral-Finance Peter Greenfinch's excellently maintained BF keywords/FAQ: ...
3259
Jaffray Woodriff
jaffray48
Dec 6, 2001 2:30 pm
Morgan, A long time ago you recommended some books and gave me some very interesting advice. I wanted to thank you for that correspondence. I am slowly working...
3260
annette schulz
annette_schulz
Dec 6, 2001 6:08 pm
Hello Martin, it' s very nice. Thanks a lot. Annette ... Get your FREE download of MSN Explorer at http://explorer.msn.com...
3261
leif_ericssen
Dec 6, 2001 6:50 pm
Not convergence trading type stuff (a lowest cost business anyway, I'd think); I'm thinking of funds that select stocks with computer models out of an index...
3262
Peter R. Locke
peterlocke_98
Dec 6, 2001 7:43 pm
Seems like the Motley Fool approach is close to this. A well diversified, but well researched portfolio. I doubt that there would be much of a gain relative...
3263
leif_ericssen
Dec 6, 2001 9:32 pm
I think there's a misunderstanding? How is time a factor? An investment advisor managing portfolios (for 1/2% fee?) runs the models and does what they indicate...
3264
Peter R. Locke
peterlocke_98
Dec 6, 2001 9:38 pm
Then it sounds like Magellan or any other active fund, but I thin 1/2% is low for an actively managed fund. Thats really the issue. If the fee is too high,...
3265
leif_ericssen
Dec 6, 2001 10:20 pm
True, the average advisory fee is probably around 1%, including the mutual fund organisations that manage portfolios in-house. I think that outsourced...
3266
leif_ericssen
Dec 7, 2001 12:01 am
... about ... we'd be ... *grins* Here be Dragons!...
3267
leif_ericssen
Dec 7, 2001 12:07 am
I imagine that's so, but I'm wondering if they differ much in their results from traditional fundamental analysis driven investing. Also, I must confess I'm...
3268
leif_ericssen
Dec 7, 2001 4:27 am
On looking at mutual funds, I think that quants try to create portfolios with a superior risk/return (in MPT terms), by mining for various factors that appear...
3269
Peter R. Locke
peterlocke_98
Dec 7, 2001 2:47 pm
Feudalism You have two cow. Your lord takes some of the milk. Fascism You have two cows. The government takes both, hires you to take care of them and sells...
