Can We Use the Shiller CAPE Ratio to Forecast Country Returns?
Utilizing an Amended CAPE Ratio to Derive a Country's Expected Return and Develop Portfolio Rotation Between Countries Sailesh S. RadhaJournal of Portfolio ManagementA version of [...]
About Rich Shaner, CFA
Rich Shaner, CFA is a fundamental stock analyst that manages a value portfolio within a family fund and trades equity options as a valuation and hedging strategy. He graduated from The University of Colorado in 2001 with a degree in Kinesiology and Applied Physiology. Shortly thereafter he went to the floor of the Philadelphia Stock Exchange and spent several years as a market maker in equity options. In an effort to expand his knowledge of financial markets he sat for and earned the Chartered Financial Analyst designation.Does Gold do What it is Supposed to do?
Gold, the Golden Constant, COVID-19, "massive Passives," and Déjà Vu Claude Erb, Campbell R. Harvey, Tadas ViskantaA version of this paper can be found here.Want [...]
A Viral Market Melt-Up; Optimism or Fundamentals?
" It is often said there are two types of forecasts ... lucky or wrong!!!! "-"Control" magazine published by Institute of Operations Management There is [...]
The Volatility Effect Revisited
Investigating the relationship between risk and return David Blitz, Pim van Vliet, and Guido BaltussenA version of the paper can be found here.Want a summary [...]
Do Investors Focus Too Much on Price-Only Returns?
Reconsidering Returns Samuel M Hartzmark, David H. SolomonA version of this paper can be found hereWant to read our summaries of academic finance papers? Check out [...]
The Cross-Section of Emerging Market Stock Returns
Matthias x. Hanauer, Jochim G. LauterbachA version of this paper can be found hereWant to read our summaries of academic finance papers? Check out our Academic Research [...]
Does Financial Education Actually Improve Outcomes? It’s Complicated.
The Causal Mechanism of Financial Education: Evidence from Mediation Analysis Fenella Carpena and Bilal ZiaA version of this paper can be found hereWant to read our [...]
Is Financial Advice Conflicted…Or is it Simply Misguided?
The Misguided Beliefs of Financial Advisers Juhani T. Linnainmaa, Brian Melzer and Alessandro Previtero Kelley School of Business Research Paper No. 18-9 A version of [...]
The Conservative Formula: Quantitative Investing made Easy
The Conservative Formula: Quantitative Investing made Easy Pim van Vliet and David Blitz A version of this paper can be found here. Want to read our [...]
Which Investment Factors Drive Corporate Bond Returns
Which Investment Factors Drive Corporate Bond Returns Turan G. Bali, Avanidhar Subrahmanyam, & Quan Wen A version of this paper can be found here. Want to [...]
Don’t be Afraid of Commodity Futures: Understand Them.
An often-overlooked corner of the investing world is the futures market. Maybe it’s the fear of taking delivery of 1,000 barrels of oil, the mechanics [...]
Explaining the Value Effect in Emerging Markets
Explaining the Value Effect in Emerging Markets: Tangible vs Intangible Information Douglas W. Blackburn and Nusret Cakici A version of this paper can be found here. [...]
A Potential Winner: Buying Lottery Stocks with Low Short Interest
Short Interest and Lottery Stocks Kelley Bergsma & Jitendra Tayal A version of this paper can be found here Want to read our short summaries of [...]