Sunday, December 23, 2012

MoneyScience News

MoneyScience News


Blog Post: TheFinancialServicesClub: The Finanser's Week: 17th December - 23rd December 2012

Posted: 23 Dec 2012 02:07 AM PST

Our biggest stories of the past week are ...read more...

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Published / Preprint: Analyst Forecast Consistency

Posted: 23 Dec 2012 01:03 AM PST

We show empirically that analysts who display more consistent forecast errors have greater ability to affect prices, and that this effect is larger than that of stated accuracy. These results lead to three implications. First, consistent analysts are less likely to be demoted and are more likely to be nominated All Star analysts. Second, analysts strategically deliver downward-biased forecasts to...

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Published / Preprint: What Do Consumersâ Fund Flows Maximize? Evidence from Their Brokersâ Incentives

Posted: 23 Dec 2012 01:03 AM PST

We ask whether mutual funds’ flows reflect the incentives of the brokers intermediating them.  The incentives we address are those revealed in statutory filings: the brokers’ shares of sales loads and other revenue, and their affiliation with the fund family.  We find significant effects of these payments to brokers on funds’ inflows, particularly when the brokers are not affiliated. ...

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The Financial Education Daily is out! http://t.co/mgDaff68 ⸠Top stories today via @thieleman1 @UniversiaARG @DeanJimDean

Posted: 22 Dec 2012 11:43 PM PST

BusinessSchools: The Financial Education Daily is out! http://t.co/mgDaff68 â–¸ Top stories today via @thieleman1 @UniversiaARG @DeanJimDean

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Blog Post: TheAlephBlog: Book Review: The Snowball, Part Four

Posted: 22 Dec 2012 10:55 PM PST

One thing I did not leave clear from my prior writing: Buffett does not think in terms of market value. He thinks in terms of book value, and how to compound it. That is how I think the markets as well. I think of the markets like a businessman does, and so does Buffett.read more...

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RT @QFINANCEnews: QFINANCE: News Briefing (December 12-18, 2012) http://t.co/Mztr120y

Posted: 22 Dec 2012 08:35 PM PST

moneyscience: RT @QFINANCEnews: QFINANCE: News Briefing (December 12-18, 2012) http://t.co/Mztr120y

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RT @QFINANCEnews: QFINANCE: News Briefing (December 12-18, 2012) http://t.co/R9FxyXz3

Posted: 22 Dec 2012 08:35 PM PST

moneyscience: RT @QFINANCEnews: QFINANCE: News Briefing (December 12-18, 2012) http://t.co/R9FxyXz3

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MoneyScience Daily is out! http://t.co/aGkJAVQE : Top stories today via @AlephBlog @abnormalreturns @craigchirinda

Posted: 22 Dec 2012 06:46 AM PST

moneyscience: MoneyScience Daily is out! http://t.co/aGkJAVQE â–¸ Top stories today via @AlephBlog @abnormalreturns @craigchirinda

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