SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT. This 5th Edition, is thoroughly
revised and updated. It describes techniques, vehicles, and strategies of the funds of an …

From the 19th century through the mid-20th century, the dividend yield (dividends/price) and
earnings yield (earnings/price) on stocks generally exceeded the yield on long-term US …

While SWF investment objectives to some extent reflect inherent characteristics, notable
differences in strategic asset allocation (SAA) exist even amongst SWFs of similar types …

As a contribution to the discussion on the risks of stocks in the long run the present paper
analyses the shortfall risks of stocks using the risk measures shortfall probability, mean …

The German Retirement Saving Act instituted a new funded system of supplementary
pensions coupled with a general reduction in the level of state pay-as-you-go old-age …

In this article, the author also considers market timing, not as a strategy, but as a reaction to
an earlier faulty decision. Rather than viewing market timing as the result of investor belief …

Sovereign wealth funds (SWFs) often have dual natures, serving both nonfinancial and
financial objectives. On the one hand, they are created to achieve domestic and political …

Wie schwer wiegen falsche Investmententscheidungen im Lebenszyklus? Der Aufsatz
untersucht, welche Nutzenverluste aus der Verfehlung optimaler Anlagestrategien …

The present paper examines the long-term risks of a representative one-time investment in
German stocks (DAX/0) in real terms relative to various risk free investments (returns of 0 …

The present paper examines the long-term risks of a representative one-time investment in
German stocks (DAX/0) in real terms relative to various risk free investments (returns of 0 …