Are Stocks Overvalued?: CAPE vs. Dividends
People seem to have a lot of misgivings when it comes to CAPE. I have no idea why as almost all valuation indicators usually...
Gameplan for 2014?
We did a paper years ago that combined the Presidential Cycle and the January Effect. It was also known as our least read paper....
What Would You Rather Own?
From this paper:
Emerging markets have > 30% world GDP, but only 12% of world market cap. A Shiller CAPE of about 15. 55% of...
The Dividend Challenge
Beginning in the 1980's Pepsi started running the Pepsi Challenge -- television commercials featuring taste tests that would pit their soda versus Coca-Cola. Tasters...
Online Backtester
Finally starting to see some innovation here. Two great entrants, all they need is a little more front end design, and of course a...
What Happens Next for Stocks?
Ned Davis ran a great study that I thought I would replicate with a different dataset. They wanted to know what stocks did in...
Is the Stock Market Expensive?
Readers know we have done a lot of work on stock market valuation measures. One of my favorite, that is hard to find anywhere,...
ETF Contest Winners (and non-Winners)
I had a lot of fun receiving ideas for my little ETF Contest. We received over 200 submissions. They included everything from the absurd,...
The Problem with Market Neutral (and an Answer)
I'm pretty sure this ideas below came from SocGen (who does a ton of great momentum work) but I'm on a plane watching the...
Probabilistic Investing
My readers are probably tired of my droning on about valuations in the US and abroad (if you're new here, short summary: US is...
