The third conference on the future of life-cycle saving and investing, entitled “Financial Education and Consumer Financial Protection,” was held at the Boston University School of Management on 23–25 May 2011. Like the previous two conferences, it was organized by Professor Zvi Bodie of...

Recent literature indicates that a liquidity investment style – the process of investing in relatively less liquid stocks within the liquid universe of publicly traded stocks – has led to excess returns relative to size and value. While previously documented at the security level, we examine...

Popularity is a word that embraces how much anything is liked, recognized, or desired. Popularity drives demand. In this book, we apply this concept to assets and securities to explain the premiums and so-called anomalies in security markets, especially the stock market.Most assets and...