January 2012 Archives
Jan 30, 2012
Q & A
Q&A: Are Stock Returns Normally Distributed? 
What is the best way to describe the distribution of stock returns—a normal distribution, lognormal, or something else? What should investors do with this information?
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Jan 23, 2012
Q & A
Q&A: Small Stocks for the Long Run 
In addressing a previous question ("Has the Equity Premium Puzzle Gone Away?"), you suggested that it requires 35 years or more to be reasonably confident of achieving a positive equity premium. Is the time frame similar for the size and value premiums?
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Jan 17, 2012
Q & A
Q&A: Do Low-Volatility Strategies Produce High Returns? 
Baker, Bradley and Wurgler (FAJ 2011) find that low-volatility stocks in the US outperform high-volatility stocks and attribute this apparent anomaly to investor behavioral biases as well as limits to arbitrage. What do you make of their argument?
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Jan 9, 2012
Q & A
Q&A: Seeking the Inefficient Asset Class 
We often hear the claim that some markets are less efficient than others—small company stocks, emerging markets, foreign exchange, and so on. Is there any evidence to support this assertion?
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« November 2011 | Main Index | Archives | February 2012 »
ABOUT FAMA AND FRENCH
Eugene F. Fama
The Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School of Business
Kenneth R. French
The Roth Family Distinguished Professor of Finance at the Tuck School of Business at Dartmouth College
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