Decode Academic Finance into Actionable Investment Insights
Each week, we translate top-tier finance research into plain English — revealing evidence-based ideas that matter to professional investors, analysts, and CIOs.
Each week, we translate top-tier finance research into plain English — revealing evidence-based ideas that matter to professional investors, analysts, and CIOs.
Active managers’ edge has collapsed since 2010, but research shows where alpha still hides, from R&D intensity premiums to credit spread signals that lead equity.
A century of data shows innovation hype predicts lower returns, AI equities are quietly tied to private credit risk, and Fed surprises still drive tradeable post-announcement drifts.
New research shows how integrating portfolio optimization into model training boosts returns without raising volatility, why IRR often misleads, and when corporate hedging truly adds shareholder value.
New research exposes why most Information Ratio math overstates skill, how LLMs quietly inject behavioral bias into analysis, and when analyst disagreement actually signals downside.
Regulatory limits are creating alpha in mega-caps, pension plans are offloading quality PE at discounts, and new research redefines what yield curve inversions really mean.
New research shows why concentrated markets make mega-cap risk impossible to diversify, and how this hidden exposure creates real, unpriced alpha that traditional models fail to capture.
