Hi, dear members and visitors! Here is your 101st month newsletter 1) Monthly activity The number of (non bouncing) members reached 1840 (+10) Welcome to new...
1) Money as a Social Contract 2) A formula for a national money system 3) Leverage -- an often overlooked positive attribute of "fractional reserve banking"...
Hi Maybe you try to identify investor / trader behaviors that are due neither to cognitive bias nor to behavioral biases, but to pure habits / reflexes (what I...
Hi, everybody! Overleverage seems to be a crucial factor in most financial crises. The last occurences (dotcom, and above all subprimes, seems to confirm it....
Dear Peter, I share your view that overleverage appears to be a crucial factor in most financial crises. But in order to study this topic, I think that...
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Steven Greidinger
steve_greidinger@...
Sep 10, 2008 7:28 pm
Many speculators, at one time or another, believe that some asset will increase in value because it increased in value in the recent past, or similarly that...
... Campbell, Lo and Mackinlay (1996) found that weekly and monthly stock returns are weakly negatively correlated, whilst daily, weekly and monthly index...
... Correction: Campbell, Lo and Mackinlay (1996) found that weekly stock returns are weakly negatively correlated, whilst the autocorrelations of daily, ...
Dear contrarians and value investors, After a long period of heavy selling on Wall Street in spite of better than expected U.S. GDP growth and continuing...
What K.C. is calling U.S. GDP growth doesn't mean the business cycle is expanding. In fact, the U.S. business cycle is contracting as illustrated here: ...
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Steven Greidinger
steve_greidinger@...
Sep 11, 2008 10:46 pm
Thank you for the references. To the extent those results prove verifiable today (I am surprised they are not more loudly broadcast if so), they would be a...
8437
Dr. Ram
kramakr@...
Sep 11, 2008 11:05 pm
PLEASE someone Get me off this group! Am unable to "unsubscribe" by clicking on the link. Pl SOMEONE who maintains the group!!!! Thanks Kramakr@... Sent...
First of all, thank Bob for the insight. But I am not comfortable with the idea of using business cycle portion of real GDP per capita data for the sake of...
The copy below of an email sent six months ago to our private email list addresses the issue K.C. raises in his counter response to my response about the...
Clearly, an economy that is not growing faster than the population or labor force is not growing at all – it is contracting. ...and the absence of output...
Dear All, I'm Sandun from Sri Lanka, a south Asian country. My Master's research is on Behavioral Finance. I'm searching for follwing article for long, still...
Not necessarily, but sometimes. A decline in Gross Private Domestic Investment less the change in Private Inventories, or what is referred to as Fixed...
No. I think that not growing faster than population growth does not necessarily mean contraction of an economy, particularly so if we are trying to assess the...
Hello, I compared two "Behavioral Finance Fonds" (Conquest Behavioral Finance AMI (ISIN: DE0008474008) and Deka Europa Trend CF (ISIN: DE000DK0A0Z4)) with the...
Hi everybody, How can BF explain the financial crisis in US? Lehman Brothers and Merrill closed and we see a deeper crisis than 1929. What does BF suggest to...
herding? ... From: hüseyin sert <sert_huseyin@...> Subject: [Behavioral-Finance] Financial Crisis and BF To: Behavioral-Finance@yahoogroups.com Date:...
Moderator's comment: At first sight, it seemed to me an OT messages, But it was so unexpected that it glued me to my PC screen. An opportunity to find what...
Hi, Rong! I think, you are right that herding was the main engine, together with other cognitive biases (framing and midrepresentations) and behavioral biases...
I think it would be interesting to study the behaviour of government officials and regulators in time of financial turbulence. For the market, although many...
Hello everybody, I am just wondering what the future will bring for Behavioral Finance. Will there be a new Asset-Pricing-Model to replace the CAPM or will ...
Dear Bastian, Â this is a quite interesting question. It is very possible that both will most likely happen one day. Nonetheless, before anything is being...
Hi Bastian! There are attempts at making BAPMs / behavioral asset pricing models, but until now they are more pragmatic than academic. Here is my modest one: ...
