The best investment since 1926? Apple
When analyzing publicly traded stocks that have yielded the highest returns since 1926, research by Professor of Finance Hendrik Bessembinder reveals a corporate giant of today at the forefront.
The mind-boggling ascent of Amazon and Jeff Bezos
Professor of Finance Hendrik Bessembinder's research examines the 30 greatest wealth creators in the stock market from 1926 through 2016 — and the fledgling retail giant is one of them.
Needles in a stock picker’s haystack
Even if you luck out and pick a stock that outperforms the market, there is no certainty of success, or even survival, in the future, according to research by Hank Bessembinder, professor of finance at the W. P. Carey School of Business.
Research debunks myth of stock market 'weekend effect'
Clinical Associate Professor of Finance Geoffrey Smith crunches big data to find that downturns on Mondays have stopped since 1975.
In richistan, all millionaires are not equal
If a million dollars sounds like a lot of money to you … if you think "household manager" is a synonym for Mom … if your idea of a cool set of wheels is a Mercedes-Benz convertible … then you probably don't live in Richistan.
Ties that bind: The connection between fraud and foreclosures in the mortgage market
The public perception is that foreclosures mainly affect hardworking families who are hit with a payment reset or a trigger event such as a job loss.
High foreclosures but low bankruptcies: Why the disconnect?
Foreclosure rates have increased dramatically in the last year. Yet bankruptcy filings are much lower than they were before the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) went into effect.
Podcast: How the Fed influences credit market liquidity
As the stock market continues to shake following the crash of the subprime market, all eyes are on the Federal Reserve. Now more than ever it's important to understand how the Fed works. For example, what is the federal funds rate and how does it differ from the discount rate?
Collect calls: How the IRS aims to bring in more money
IRS officials estimate some $290 billion dollars that should have come into federal coffers in 2001 never made it into Uncle Sam's pockets. But, take heart. The IRS has a seven-component strategy for bringing in the bucks.
Jumbo woes in the mortgage market
The meltdown of the subprime mortgage industry, often associated with the lower end of the U.S. housing market, continues to spread upward, bringing uncertainty into the jumbo mortgage loan market (loans above $417,000).