Data through July 31, 2010
Oakmark I
Governance and Management
Stewardship Grade: Portfolio Manager(s) Bill Nygren has worked for Harris Associates, advisor to the Oakmark funds, for two decades. He makes the final decisions about the portfolio, and he ha
Administration Statistics Utility Insurance
FIN 511: Investments
Joshua M. Pollet
Lecture 3
Pollet
FIN 511
Administration Statistics Utility Insurance
Reading assignment
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BKM Chapter 5
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O ce hours today at 5:00pm in 4028 BIF
Pollet
FIN 511
Administratio
Denitions Calculus Statistics
FIN 511: Investments
Joshua M. Pollet
Lecture 2
Pollet
FIN 511
Denitions Calculus Statistics
Administration
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any problems purchasing textbook?
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any problems accessing website?
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any other problems related to this class?
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l
FIN 511:
Assignment 7
This assignment is due at 10:00am on Thursday, October 27. Students
may work in groups with at most three members. Please include the name
and NetID for each group member at the beginning of the groups solutions.
Each student must su
SUMMARY OUTPUT
Regression
Multiple R
0.22672
R Square
0.051402
Adjusted R Square
0.045618
Std. Error
0.082331
Obeservation
166
ANOVA
df
Model
Residual
Total
Intercept
X Variable 1
MS
SS
1 0.060238 0.060238
164 1.111652 0.006778
165 1.17189
Significance F
Insurance Investment Saving Measurement History
FIN 511: Investments
Joshua M. Pollet
Lecture 4
Pollet
FIN 511
Insurance Investment Saving Measurement History
Administration
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Assignment 1 is due in one week
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BKM Chapter 11 (Section 1 and Section 2)
Poll
FIN 511: Assignment 6
1. Compare 10 test portfolios using the CAPM model and 3-factor model. Please do not
include the raw data in your solutions.
[Regression 1 - CAPM Model]
Coefficient
Constant
P (>|t|)
Statistical
Difference
Prot1
1.149
-0.209
0.054
Pr
Administration Expectations Overview
FIN 511: Investments
Joshua M. Pollet
Lecture 1
Pollet
FIN 511
Administration Expectations Overview
Syllabus
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Who am I?
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contact information on syllabus
faculty for more than a decade
considerable research in l
More Dierentiation Practice
Dierentiate (nd the derivative of) the following functions with respect to x.
a) f (x) =
1x 3
3
b) f (x) = ln(500000
c) f (x) = e
2 x)
1
2
2x
What x maximizes each of the following functions?
d) f (x) = 5 + 12x
e) f (x) =
2 x2
12
Selected Paper Number 8 4
Table 1: Financial and Return Characteristics of High Book-to-Market Firms (14,043 firm-year observations between 1975 and 1995)
Panel A: Financial Characteristics
Standard Variable Mean Median Deviation Proportion with Positi
Report 1: Percentage of U.S. Equity Funds Outperformed by Benchmarks
Fund Category All Domestic Equity Funds All Large Cap Funds All Mid Cap Funds All Small Cap Funds All Multi Cap Funds Large Cap Growth Funds Large Cap Core Funds Large Cap Value Funds Mi
FINANCIAL ANALYSTS JOURNAL"
Perspectives on the Equity Risk Premium
Jeremy J. Siegel
The equity risk premium, or the difference between the expected returns on stocks and on risk-free assets, has commanded the attention of both professional economists and
Week 7 Active Investing (2): Price momentum and earnings momentum
Price Momentum
Price momentum ("relative strength")
strategy
Buy stocks with the highest return over
previous period
Sell (or short) stocks with the lowest
return over previous period
Ou
F in 511 ent: Assignment #3
oo-Seon Park
ouksakhone Douangvichit un (Leslie) Ryu
Artisan Small Cap (ARTSX)
The Artisan Small Cap Fund yields an annual rate of return of 6.03% and 2.61% as the arithmetic mean and geometric mean, respectively. With a beta