YouTube - Priming, Money and their Effect On Us: "An interesting experiment conducted by the BBC's 'Bang Goes The Theory Team' regarding a psychological phenomenon called 'Priming'. It is a phenomenon that may well change your understanding about the way we are all affected by what we see, and so, h ... Read more

As my advanced corporate finance class tacks into capital structure and governance, we will be going over this article by Villalonga and Amit that finds that there to be a positive affect of family ownership/management.SSRN-How Do Family Ownership, Control and Management Affect Firm Value? by Belen ... Read more

VERY good review article on the ability of financial models (CAPM, APT, Fama-French, etc) to predict and explain cross sectional stock returns).Super short version: While we have progressed, we have done so down different paths and there needs to be some standardization, testing for robustness, and ... Read more

Remember a few weeks ago I uploaded a video from the new Christian Finance Faculty Association? Well now they not only have their new website up, but also have announced they will be having a session at the AFA conference in January. Stay tuned.The new web site is: The Christian Finance Faculty Asso ... Read more

How To Trade In Stocks (1940 original)A true classic. Has value (no pun intended) from both an investment perspective and an historical one.How To Trade In Stocks (1940 original) Thanks to derekhernquist and FinanceTrends for this! ... Read the full post ... Read more

I do not claim to know the exact details (as in how exactly do we measure productivity) but empirically, if manufacturing jobs are going overseas, there is a simple economic fact that US workers must be being paid too much. This article points this out by saying that US wages are too high for relati ... Read more

Two somewhat competing papers were recently posted on SSRN. The Hayward, Shaperd, and Griffin paper suggests that hubris (overcondiSSRN-A Hubris Theory of Entrepreneurship by Mathew Hayward, Dean Shepherd, Dale Griffin: "Although data from the U.S. Census Bureau's Business Information Tracking Serie ... Read more

Mishkin: It's Cool That The Fed Is Blowing Another Bubble Because This Kind Of Bubble Is HarmlessWhile Mishkin is clearly a smart guy, I have to disagree with him on this. First of all you can argue that leverage (this time by governments and not individuals) is funding the bubble. Secondly (and pro ... Read more

Wolves Lose Their Predatory Edge In Mid-life, Study Shows: "When older wolves can no longer hunt successfully, younger wolves share their kill with them, in what MacNulty describes as a lupine version of Social Security. While a high ratio of old-to-young wolves may benefit elk, it could strain the ... Read more

I wonder if the same holds true for portfolio losses? If so, then how do we get people to expect, or at least realize, that asset prices do take large price swings.Identifying PTSD: Light Shed On Brain's Response To Distress, Unexpected Events: "'When the noise is unexpected, the brain's response is ... Read more