Neither do I, I just had two subscriptions, and I still keep the other one. I hope, I did not disturb the group-statistics. Thanx Michael ... De : Carlos...
Not all Michael, I was just kidding :---)) Cheers !!! Carlos ... From: Kaestner To: Behavioral-Finance@yahoogroups.com Sent: Friday, February 01, 2002 6:34 PM ...
I wish I understood this thread, Carlos; I'm lost here. Who is preaching what gospel? BTW, the description below sounds to me like we're talking about the ...
... Is it true? Option pricing model needs lots of information to implement. (You know Black/Sholes model imposes a lot of restrictive assumption on the...
... It was an attempt at irony, never mind :-) Regards, Zac...
Zac Harland
aan74@...
Feb 1, 2002 3:25 pm
3491
Let it go, Jan, nothing terribly important....btw, I fully agree with Mike that the mkt is often inefficient (Mr.Market in Benjamin Graham's terminology) and...
... More seriously, Peter (Locke), I guess that you could argue that you're very confident that the markets are efficient and therefore index funds make sense....
Martin, Zac, Don't see why the comment about confidence is an example of irony, but irony is not a well understood concept generally. Regarding indexing, its...
Am I overconfident when I agree that you "can earn more being a professor and consulting, and investing blindly, than I would devoting that same time and...
Very good pointed, Doh An interesting and comprehensive way to estimate the volatility of very new and inovative business is the Monte Carlo Framework - as...
Stochastic volatility does not model volatility well, it is only better than assuming volatility is stationary. Volatility is NOT a random walk. Bob Bronson ...
Hi there, This might be a longshot but, I was wondering if anyone was aware of any recent work (perhaps social scientific) done on investment professionals ...
... From: "Bob Bronson" <bob@...> ... question then, what is a better model for volatility if not the stochastic type model? i have certainly never...
Bilo Selhi
citadel@...
Feb 1, 2002 9:28 pm
3500
Yep, but that is proprietary at this point, other than to say that cross-correlations rise and fall in resonance (synchrony) with cycles in volatility. They...
... assumption ... traditional ... can't ... This may be going afield, but would an approach of looking at comparative earnings performance of firms be useful...
Ever thought about the psychological variables (e.g. broker ratings) and stock gains/losses (indexed with earnings or price fluctuation)? I found some...
That's not a satisfactory course, Carlos (although I'm happy you look forward to different topics from me:). Something in this thread touched a nerve with some...
Jan, The nerve that got struck is the usual one. The problem is one of attribution, yet another behavioral condition whereby one considers a random outcome to...
I agree 100% with you, Pete. Stay ignorant. Its your prerogative. Carlos. ... From: Peter R. Locke <plocke@...> To: <Behavioral-Finance@yahoogroups.com> ...
Individual investors, Jan, have beaten the mkt. Read "The Superinvestors of Graham and Doddsville" written by Warren E. Buffett. Fund managers, too, though at...
Nice one, Carlos ! You echoed my sentiments exactly ! Mike ... From: Carlos To: Behavioral-Finance@yahoogroups.com Sent: Tuesday, February 05, 2002 1:51 AM ...
A study carried out by the University of Bonn, sometime during 1999, dismantles the "efficient market hypothesis" of economics which claims that the prices of...
I agree. That´s what Soros called the " reflexivity theory". In a sense, the fundaments guide the prices, but these fundaments are perceived in a noised way...
... Superinvestors of Graham and Doddsville" written by Warren E. Buffett. ... to have outperformed the Indexes. Miller, Wanger, Neff, Tweedy, Gipson, etc,...
I'm very interested in incorporating such variables, Gary. I'm specifically thinking of the literature on (analysts') earnings estimates and revisions - may be...
As I've pointed out before, there are A-players in every field. Often even some B-players can't recognize them, and only rarely can C-players recognize the...
