2023 Archives
Volume 21, No. 1, First Quarter 2023
ARTICLES
Financing Fusion Energy
Abdullah Alhamdan, Zachery M. Halem, Irene Hernandez, Andrew W. Lo, Manish Singh and Dennis Whyte
The Role of Options in Goals-Based Wealth Management
Sanjiv R. Das and Greg Ross
Leveraging Text Mining to Extract Insights from Earnings Call Transcripts
Andrew Chin and Yuyu Fan
How Inefficient is the 1/N Strategy for a Factor Investor?
Kevin Khang, Antonio Picca, Shaojun Zhang and Minzhi Zhu
BOOK REVIEW
Book Review: Prediction Revisited: The Importance of Observation, 1st Edition
by Mark P. Kritzman, David Turkington and Megan Czasonis (Reviewed by Kenneth Winston)
Volume 21, No. 2, Second Quarter 2023
INSIGHTS
Insight: A Practitioner’s Guide to Address Fat Tails and Downside Risk in Portfolio Construction
Eva A. Xu and Eric L. Tarkin
ARTICLES
The Math Gender Gap and Women’s Career Outcome
Renée B. Adams, Brad M. Barber and Terrance Odean
Is Index Concentration an Inevitable Consequence of Market-Capitalization Weighting?
Lisa R. Goldberg, Ananth Madhavan, Harrison Selwitz and Alexander Shkolnik
Trading with the Informed and Against the Uninformed: Flows and Positioning in the Global Currency Market
Aldo Barrios, Rob Franolic, Davide Giovanardi and Michael Melvin
CASE STUDY
Bitcoin ETFS: The Pros and Cons of a Spot ETF Versus a Futures ETF
Seoyoung Kim
BOOK REVIEW
Review – Healthcare Finance: Modern Financial Analysis for Accelerating Biomedical Innovation
by Andrew W. Lo and Shomesh E. Chaudhuri (Reviewed by Piyush Kontu )
Volume 21, No. 3, Third Quarter 2023
ARTICLES
Efficient Goal Probabilities: A New Frontier
Sanjiv Das, Daniel Ostrov, Anand Radhakrishnan and Deep Srivastav
The Determinants of Inflation
William Kinlaw, Mark Kritzman, Michael Metcalfe and David Turkington
Asset Allocation with Non-Pecuniary ESG Preferences: Efficiently Blending Value with Values
Douglas M. Grim, Giulio Renzi-Ricci and Anna Madamba
Are 60/40 Portfolio Returns Predictable?
Jamil Baz, Steve Sapra and German Ramirez
CASE STUDY
Case Study: Investment Management Lessons Learned From the Management and Mismanagement of Impending Bank Runs
Seoyoung Kim
BOOK REVIEW
Book Review: Trillions
By Robin Wigglesworth (Reviewed by Javier Estrada)
Volume 21, No. 4, Fourth Quarter 2023
INSIGHTS
Grow The Pool: Diverse Directors Associated with Stronger Performance, but not if they are Too Busy
Mouhamadou M. Ba, Gerald T. Garvey, Brett Z. Miller and Katharina J. Schwaiger
ARTICLES
Reimagining Index Funds
Rob Arnott, Chris Brightman, Xi Liu and Que Nguyen
The Diminishing Role of Active Mutual Funds: Flows and Returns
James X. Xiong, Thomas M. Idzorek and Roger G. Ibbotson
Realativity in Finance: Goals and Risk-Based Asset Pricing for Investors with Multiple Stochastic Goals and Agents
Arun Muralidhar
CASE STUDY
Tradeoffs in Goosing the IRR
Ivan Asensio and Seoyoung Kim
BOOK REVIEW
Book Review: Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
By Ray Dalio (Reviewed by Fangzhong Liu)