Here is another interesting story with a gender angle. A study shows that stockholders in companies with women in the Board achieved better returns than those without. The obvious and likely correct point is that women add something valuable to the Board and is the company performs better. Diversity is a good thing in general,…
Some serious research, pointed out to me by FT Alphaville, showing that the 2010 Soccer World Cup had a marked impact on JSE trading volumes, patterns and correlation with global markets. I’m not sure what to do with this information, but it’s remarkable all the same.
The Make a Million competition, as I’ve mentioned before, is an awful idea. It doesn’t promote investing or even “normal” trading, but rather massive, speculative risk-taking trading because the prize for performing well is nothing and the prize for performing best is significant. I’m continually disappointed that Moneyweb continues to partner with this distraction. As…
Best practice for matching non-profit annuities in most countries, certainly from a risk perspective, is still to cash flow match (or at the very least, match key durations) using government bonds. The theory is that the insurer isn’t then exposed to changes in the term structure on interest rates, only exposed to illiqudity/reinvestment risk to…
So European politicians have more or less agreed a deal which may, more or less, push some of their problems to one side for a period. Yes, I’m not madly optimistic about this as a cure-all. Â This is not the end of the Euro problems. Part of the deal is a “50% loss for private…
Some interesting papers on the ERP: Market Risk Premium used in 56 countries in 2011: a survey with 6,014 answers Interesting not least because it is a survey of required Equity Risk Premiums (or Market Risk Premiums) rather than expected. The rates are higher than I use, although this is also useful information when attempting…
While Apple’s market cap rose above Exxon-Mobil’s recently, that is only one measure of company size. Â ArsTechnica has an interesting analysis of a few different metrics of company size, showing the results of each of these measures.
Short selling bans – memories of 2008
