Biomedical Science Research Building

 University of Michigan

          Ann Arbor

 
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1. Testing Economic Theory (n.b.)

 

 

 

2. Asset Allocation in the Real World (n.b.)

 

 

 

3.  Stocks for the Long Run, Black Swans, or Encouraging Conditions

 

 

 

4.  Financial Engineering and the Banks  (n.b. - S&P lawsuit addition)

 

 

 

5. What Happened, the Financial Crisis of 2008

 

 

 

6. The Nature of Markets

 

 

 

7. The Nature of Stock Market Equilibrium  (n.b.)

 

 

 

8. Is the Fed Model Useful?

 

 

 

9. Logic and Judgment in Securities Selection and Asset Allocation

 

 

 

10. Asset Allocation: The Consequences of Market Rationality

 

11. When Stock Prices Are Excessive: Is the Stock Market Rational?

 

12. Industry Analysis: The Risk Management of Internet Stocks

 

13. Company Analysis: Valuing Companies within the Context of Markets

 

14. A Useful Quote

 

15. Is the Stock Market Overvalued?

 

The data justify an error correction model of the U.S. stock market that supersedes these following essays. We have retained these essays to illustrate the advantage of having a suitable model when describing a complex phenomenon.

(add: If possible)

 

                    The Nature of Judgment (et seq.)

 
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