Investing Research Articles

…publicly available information does not support an assessment of Puru Saxena’s investing performance.

Do credit conditions systematically affect stock market behavior? In the March 2010 draft of their paper entitled “Credit Conditions and Expected Stock Returns”, Sudheer Chava, Michael Gallmeyer and Heungju Park investigate whether changes in bank lending standards (net percentage of banks reporting tighter standards for commercial and industrial loans in Federal Reserve Board’s quarterly Senior… Keep Reading

…demographic projections suggest a reasonably stable long run real U.S. stock market return over the next 40 years.

…evidence indicates that a trader who periodically switches to the hottest known anomaly based on a rolling window of past performance may be able to beat the market. Anomalies appear to have their own kind of momentum.

The quality of working papers from academia is as high as, or higher than, that of many analyses available to investors from investment industry sources and from other investors.

The momentum investing approach, whether implemented via simple moving average (SMA) crossovers or lagged returns (or a combination) may be fragile with respect to exact parameter selection…

…evidence suggests that investors can concentrate the short-term (one month) stock return reversal effect by focusing at the industry level.

…the long-run outperformance claimed by Doug Fabian appears to be a legacy of methods no longer strictly followed.

…evidence from nearly six decades of data indicates that diversifying across stock return anomalies consistently beats individual anomalies and the broad stock market.

…there is not enough public information on these sites to support due diligence on the investment performance of Doug Casey’s advice.