In working paper, “Do Stocks Outperform Treasury Bills?” by Professor of Finance Hendrik Bessembinder, he found that individual stocks are a gamble. An extremely small percentage of them have done well, and when gains and losses are added up over their lifetimes, most stocks haven’t made any money.
The Arizona economy is predicted to sustain stable, subtle growth over the next year under the Trump administration, according to our economists.
Professor of Finance Hendrik Bessembinder’s study proves diversified, low-cost mutual funds are the way to go.
Dennis Hoffman, Lee McPheters, and Mark Stapp from ASU’s W. P. Carey School of Business addressed all the big issues and provided the first look at the local and national economy in 2018 at the Annual Economic Luncheon.
Mergers and acquisitions create and destroy massive amounts of money, and are hugely important to the financial world. Associate Professor of Finance Ilona Babenko’s recent research supplies a missing piece of the complex merger jigsaw puzzle.
Research results reinforce the importance of portfolio diversification and show why many actively managed investments often underperform their benchmarks.
