Joel Greenblatt, the book's author, is a value investor extraordinaire and a professor at Columbia's business school. In the book, Greenblatt discusses and justifies the "Magic Formula", a stock selection method that allows individual investors to beat the market using value investi ... Read more

| Peter Klein | The grad students in my department recently cleaned up their student lounge. Some wag, remembering a line from my course — Coase’s famous dismissal of the “old” institutional economists — tagged a stack of  papers thusly: Posted in - Kle ... ... Read more

Yesterday Steve Horan spoke to my classes. Here are the slides of his presentation. The video will be uploaded soon.SBU CFA 1 From Steve ... Read the full post ... Read more

This morning, the Bureau of Labor Statistics (BLS) released the Odctober Employment Report . The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses ... Read more

The basic idea of the talk was that as social animals, we have evolved to be trusting and helpful. It was a great presentation. Next time we will have to video it (hint hint!) ... Read the full post ... Read more

The case of Mortgage Lender Implode-O-Meter vs. Mortgage Specialists Inc (MSI) has reached the New Hampshire Supreme Court. MSI has demanded Implode-O-Meter reveal the identity of one of its sources in a defamation case and Implode-O-Meter refuses. Please consider New Hampshire Suit Challenges ... Read more

This evening at 7pm ET: 10.2% UNEMPLOYMENT… Has Obama’s plan failed? How do we get America working again? Panel: *Joseph LaVorgna, Deutsche Bank Chief U.S. Economist *Steve Moore, WSJ senior economics writer; "End of Prosperity" co-author *Matt Miller, Center for American Prog ... Re ... Read more

YouTube - Bob Brooks and Jonathan Godbey of the Christian Finance Faculty Association: "A short video interview with Bob Brooks and Jonathan Godbey two of the founders of the Christian Finance Faculty Association from their inaugural meeting at the 2009 FMA conference in Reno."Here is the link to th ... Read more

G10 Advancers and Decliners vs USD JPY 0.99 GBP 0.06 CHF -0.18 EUR -0.22 FX markets have oscillated briskly since the US employment data this afternoon, as the Unemployment Rate posted a shock 10.2% against estimates for 9.9% (from last month’s 9.8%). The Change in Non-Farm ... Read t ... Read more

Scripps Interactive (SNI) released earnings and left a few issues unresolved. Delayed one day because of the deal to acquire Travel Channel you have to look at the product mix and wonder if they are just too schizophrenic. The Food Network is doing well and is now rated in the top ten cable networ ... Read more