The Anatomy of the Mortgage Securization

The Anatomy of the Mortgage Securitization Crisis

The Evolution of Value Investing

The Evolution of the Idea of Value Investing From Ben Graham to W Buffett

Walter Schloss 65 years on a Wall Street

Schloss Sixty-Five Years
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The Statistics May Talk, But Investors Don't Listen

Via Damodaran Online: Home Page for Aswath Damodaran

 The Statistics May Talk, But Investors Don't Listen
By JONATHAN CLEMENTS The numbers don't lie. But investors, it seems, don't want to hear the truth. According to the statistics, most stock-fund managers fail to beat the market, Wall Street strategists often flunk at forecasting and investment newsletters offer mediocre advice. Yet investors keep buying actively managed funds, they keep listening to strategists and they keep subscribing to investment newsletters. What's going on here? There are a handful of explanations for this apparently bizarre behavior:


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Hedge Fund Letters

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A Demon of Our Own Design - Markets, Hedge Funds, And the Perils of Financial Innovation

A Demon of Our Own Design - Markets, Hedge Funds, And the Perils of Financial Innovation