Boys will be Boys: Gender, Overconfidence, and Common Stockit describes over 50 academic studies of certain investment criteria that have produced high rates of return. much has been written about dividends, and what is contained herein is not meant to be an exhaustive analysis, but rather a sampling of studies examining the impact of dividends on investment returns. purpose of this paper is to present simple quantitative methods that improve risk-adjusted returns for investing in us equity sectors and global asset class portfolios.
White Papers | Meb Faber Research - Stock Market and Investing Bloghigh dividend yield return advantage: an examination of empirical data associating investment in high dividend yield securities with attractive returns over long measurement periods. below:Meb faber is co-founder and the chief investment officer of cambria investment management, and author of five books. in this paper we examine the possibility of following a strategy that combines aggressive offense and smart defense to target outsized returns with manageable risk and drawdowns.
in the studies included in what has worked in investing, attractive returns were found for stocks with one or more of the following investment characteristics: low stock price in relation to book value; net current assets; earnings; cash flow; dividends or previous share price; small market capitalization and a significant pattern of stock purchases by one or more insiders (officers and directors), or by the company itself. consistent with recent published research on robust portfolio optimization, return to risk ratios improve broadly, with the greatest impact achieved from procedures that manage positions and/or portfolios to an ex ante target volatility. faber is co-founder and the chief investment officer of cambria investment management, and author of five books.
this time, he walks us through his research paper, learning to play offense and defense: combining value and momentum from the bottom up, and…. in this research piece we take a look at some of the more famous market bubbles in history and the extreme volatility and drawdowns they experienced. below:Meb faber is co-founder and the chief investment officer of cambria investment management, and author of five books.