AbstractThe following sections are included:The various efficient/inefficient market camps: Can you beat the stock market?Why Buffett wants to endow university chairs in efficient market theoryHow do investors and consultants do in all these cases?The importance of getting the mean rightErrors...

AbstractThe following sections are included:The role of Las VegasSuper Bowl Playoff RatingsWhich team will win a given football game?Notes on the Elo Power Rations for NFL teamsThe NFL football betting marketAn educated guess that paid offOn to the Super Bowl 2011Update to February 7, 2011

AbstractThe following sections are included:The sell on Rosh Hashanah and buy on Yom Kippur anomalyRamadanInflation versus DeflationGoldHousing trendsWhat's going on in China?Income inequality and government regulationJapan: Still a lot of troubleConclusion

The following sections are included:IntroductionFinancial Market, Investment Portfolio and BenchmarkDynamic Programming and the Value FunctionExistence of a Classical (C1,2) Solution Under Affine Drift AssumptionsExistence of a Classical (C1,2) Solution Under Standard Control AssumptionsFund...

On November 14th, 2014, SUERF – The European Money and Finance Forum – and CNMV, Comisión Nacional del Mercado de Valores – the Spanish Authority for supervision of securities markets – jointly organized a conference in Madrid: Challenges in Securities Markets Regulation: Investor...

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....

In present study, I explore the dynamics of the interday stock price reversals. In particular, I try to shed light on reversals in opening stock returns, that is, on the price reversals during the opening trading sessions with respect to previous day's price tendencies. I analyze intraday price...

Following recent evidence of out-of-sample stock market return predictability, the authors aim to evaluate whether the potential benefits suggested by asset allocation theory can actually be captured in the real world using expected return estimates from a predictive system. The question is...

In this paper, we assess the benefits from international factor diversification under a regime based portfolio construction framework that takes into account the dynamic changes in stock markets. We show that there are significant costs to investors who fail to (a) pursue an international...

In this paper we investigate household financial fragility and assess the role played by the composition of the household portfolio besides standard determinants of this condition (e.g. income, indebtedness, age, gender, financial literacy). We take the case of Italy, given the very peculiar...