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The Value Line Investment Survey, with its well-known timeliness and safety rankings, has managed to generate a superior performance record over time. The authors' findings show that Value Line's timeliness ranks were significant predictors of success during our study period, even when several...
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Homeownership represents both a consumption and an investment decision for individuals. Considering the investment benefits of the home, we estimate the total returns and risk associated with the investment in single-family homes. Then, using a mean-variance utility function, we consider the...
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Notes US efforts to make documents easier to read and reviews previous research on readability. Presents a study of the readability of the investment objective sections of two mutual fund prospectuses, using a sample of college students, the Cloze Readability Procedure and the Flesch readability...
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