Investing for Long-Term Value Creation
نویسندگان
چکیده
منابع مشابه
Artificial Intelligence for Long-Term Investing
This paper presents the results of using a novel Artificial Intelligence (AI) model for long-term investing. The AI model takes various financial data as input signals and tries to determine an optimal portfolio allocation. In these experiments, the AI model considers the stocks of 40 US companies, as well as the S&P 500 index and US government bonds with one-year maturity. The portfolio is reb...
متن کاملRobust Asset Allocation for Long-Term Target-Based Investing
4 This paper explores dynamic mean-variance asset allocation over long horizons. This is 5 equivalent to target-based investing with a quadratic loss penalty for deviations from the target 6 level of terminal wealth. We provide a number of illustrative examples in a setting with a 7 risky stock index and a risk-free asset. Our underlying model is very simple: the value of the 8 risky index is a...
متن کاملLong-term benefits from investing in international real estate
This paper analyses longand short-term co-movements between 14 international real estate stock markets based on bivariate testing for cointegration and correlation analysis. The results indicate that there exist strong long-term relationships within economic and geographical regions, but less long-run linkages between real estate markets in different continents. Thus, investors would benefit fr...
متن کاملInvesting in Health: the Long-term Impact of Head Start
Head Start is a comprehensive, early childhood development program designed to augment the human capital and health capital levels of disadvantaged children. Grossman’s (1972) health capital model suggests that early investments of this type should have lasting effects on health outcomes. This research evaluates the impact of Head Start on long-term health by comparing health outcome and behavi...
متن کاملDoes Expanding Fiduciary Duties towards Debtholders Shift Focus to Long-Term Shareholder Value Creation?
The 1991 Delaware court ruling involving Credit Lyonnais expanded the fiduciary duties of managers towards debtholders in the event that a firm is within the proximity of insolvency. Using a difference-in-differences approach that exploits this exogenous shock, we find that the 1991 ruling induced managers of Delaware firms ex ante to place a greater emphasis on investments that foster long-ter...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2018
ISSN: 1556-5068
DOI: 10.2139/ssrn.3248912