Voltaire on the 1734 London Stock Exchange:
31 Oct 2016 Leave a comment
in discrimination, economic history, entrepreneurship, financial economics, labour economics Tags: customer discrimination, market process, The meaning of competition
Vice Fund and Vanguard Social Index head to head
31 Oct 2016 Leave a comment
in economic history, entrepreneurship, financial economics Tags: active investing, efficient markets hypothesis, passive investing, social investing
Cumulative value of $1 invested in Vice Fund on launch date, 30 August 2002
Does the Vanguard Social Index ever beat the market? @EricCrampton @JulieAnneGenter
29 Oct 2016 Leave a comment
in financial economics Tags: efficient markets hypothesis, entrepreneurial alertness, expressive voting, New Zealand Greens, social investing
The performance of social investing is so bad that anyone investing other people’s money and having fiduciary duties to the owners of that money should take legal advice. Over the 16 years charted below, socially responsible investing wiped $4,000 off the initial investment of $10,000. Over a lifetime of saving, that is a big difference to the security of your retirement.
Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.
Source: VFTSX Vanguard FTSE Social Index Inv Fund VFTSX Quote Price News.
Where does the Vice Fund invest? @EricCrampton
28 Oct 2016 Leave a comment
in entrepreneurship, financial economics Tags: efficient markets hypothesis, entrepreneurial alertness
The Vice Fund, now called the Barrier Fund, is a mutual fund investing in companies that have significant involvement in, or derive a substantial portion of their revenues from the tobacco, gambling, defence/weapons, and alcohol industries. It continues to beat the market.
Can You Beat the Market?
28 Oct 2016 Leave a comment
in entrepreneurship, financial economics Tags: active investing, efficient markets hypothesis, passive investing
The rewards of buying and holding
20 Oct 2016 Leave a comment
in economic history, financial economics Tags: active investing, efficient markets hypothesis, entrepreneurial alertness, passive investing
Source: How Are We Doing? – AEI.
How Expert Are Expert Stock Pickers?
22 Sep 2016 Leave a comment
in economics, financial economics Tags: active investing, passive investing
Weighted average cost of capital by sector in the USA
08 Sep 2016 Leave a comment
in financial economics Tags: efficient markets hypothesis
Cost of debt and equity by sector in the USA 2016
07 Sep 2016 Leave a comment
in financial economics Tags: efficient markets hypothesis
Source: Aswath Damodaran Cost of Capital.
Equities now offering the highest yield premium over bonds since the 1940s
02 Sep 2016 Leave a comment
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