Decode Academic Finance into Actionable Investment Insights
Each week, we translate top-tier finance research into plain English — revealing evidence-based ideas that matter to professional investors, analysts, and CIOs.
Each week, we translate top-tier finance research into plain English — revealing evidence-based ideas that matter to professional investors, analysts, and CIOs.
Funds that minimize correlations among holdings outperform by 4% annually, and new evidence shows simple trend-following still beats complex “optimal” models in real markets.
A new WACC methodology reveals which companies are deploying capital most efficiently—while a diversification analysis exposes the hidden “concentrators” quietly amplifying your portfolio risk.
In this week’s report: Why US equities are more attractive than the Fed model indicates - equivalent PE of ~15x vs. observed PE >25x and The PIK Debt Paradox: evidence that weaker debt monitoring leads to fewer defaults.
The authors found that activist short reports with more sources have a bigger and more persistent negative impact on the underlying stocks.
In this week’s report: How “distant investments” reveal true fund skill & how to judge Sharpe ratios without fooling yourself.
From smarter factor timing to redefining growth, fresh research shows investors how to separate lasting structural premiums from fleeting revaluations.
