Topic: Eric Falkenstein

Risk and Return: Behavior's Impact on Value

SeekingAlpha - 777 days ago
Here is an interesting and pretty lengthy paper by Eric Falkenstein. The refutation of the risk / reward relationship is well trodden ground and Falkenstein provides a nice summary by rounding up quite a few example papers. The more interesting part of the ...

Merkel on Falkenstein's 'Finding Alpha:' When Risk and Return Break Down

SeekingAlpha - 893 days ago
I found Finding Alpha: When Risk and Return Break Down, by Eric Falkenstein, both easy and hard to review. Bond ladders do the same thing, though Falkenstein does not discuss those.. How one achieves alpha is not defined - Falkenstein leaves that blank ...

The Problem of Regaining Trust

SeekingAlpha - 1135 days ago
Eric Falkenstein sums up 2008 through a ratings-agency lens: Re-underwriting doesn't just happen among institutional investors with exposure to highly-rated structured products. It happens in banks, who are revisiting all of their loan portfolios, deciding who will get their loans rolled ...