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Author: Harrison G. Hong Publisher: ISBN: Category : Languages : en Pages : 59
Book Description
A number of theories have been proposed to explain the medium-term momentum in stock returns identified by Jegadeesh and Titman (1993). We test one such theory--based on the gradual-information-diffusion model of Hong and Stein (1997)--and establish three key results. First, once one moves past the very smallest stocks (where thin market-making capacity appears to be an issue) the profitability of momentum strategies declines sharply with firm size. Second, holding size fixed, momentum strategies work particularly well among stocks which have low analyst coverage. Finally, there is a strong asymmetry: the effect of analyst coverage is much more pronounced for stocks that are past losers than for stocks that are past winners. These findings are consistent with the hypothesis that firm-specific information only gradually across the investing public.
Author: Harrison G. Hong Publisher: ISBN: Category : Languages : en Pages : 59
Book Description
A number of theories have been proposed to explain the medium-term momentum in stock returns identified by Jegadeesh and Titman (1993). We test one such theory--based on the gradual-information-diffusion model of Hong and Stein (1997)--and establish three key results. First, once one moves past the very smallest stocks (where thin market-making capacity appears to be an issue) the profitability of momentum strategies declines sharply with firm size. Second, holding size fixed, momentum strategies work particularly well among stocks which have low analyst coverage. Finally, there is a strong asymmetry: the effect of analyst coverage is much more pronounced for stocks that are past losers than for stocks that are past winners. These findings are consistent with the hypothesis that firm-specific information only gradually across the investing public.
Author: Harrison Gregory Hong Publisher: ISBN: Category : Investment advisors Languages : en Pages : 34
Book Description
A number of theories have been proposed to explain the medium-term momentum in stock returns identified by Jegadeesh and Titman (1993). We test one such theory--based on the gradual-information-diffusion model of Hong and Stein (1997)--and establish three key results. First, once one moves past the very smallest stocks (where thin market-making capacity appears to be an issue) the profitability of momentum strategies declines sharply with firm size. Second, holding size fixed, momentum strategies work particularly well among stocks which have low analyst coverage. Finally, there is a strong asymmetry: the effect of analyst coverage is much more pronounced for stocks that are past losers than for stocks that are past winners. These findings are consistent with the hypothesis that firm-specific information only gradually across the investing public
Author: Wolfgang Mieder Publisher: New York : Oxford University Press ISBN: 0195053990 Category : Reference Languages : en Pages : 1348
Book Description
Americans have a gift for coining proverbs. "A picture is worth a thousand words" was not, as you might imagine, the product of ancient Chinese wisdom -- it was actually minted by advertising executive Fred Barnard in a 1921 advertisement for Printer's Ink magazine. After all, Americans are first and foremost a practical people and proverbs can be loosely defined as pithy statements that are generally accepted as true and useful. The next logical step would be to gather all of this wisdom together for a truly American celebration of shrewd advice.A Dictionary of American Proverbs is the first major collection of proverbs in the English language based on oral sources rather than written ones. Listed alphabetically according to their most significant key word, it features over 15,000 entries including uniquely American proverbs that have never before been recorded, as well as thousands of traditional proverbs that have found their way into American speech from classical, biblical, British, continental European, and American literature. Based on the fieldwork conducted over thirty years by the American Dialect Society, this volume is complete with historical references to the earliest written sources, and supplies variants and recorded geographical distribution after each proverb.Many surprised await the reader in this vast treasure trove of wit and wisdom. Collected here are nuggets of popular wisdom on all aspects of American life: weather, agriculture, travel, money, business, food, neighbors, friends, manners, government, politics, law, health, education, religion, music, song, and dance. And, to further enhance browsing pleasure, the editors have provided a detailed guide to the use of the work. While it's true that many of our best known proverbs have been supplied by the ever-present "Anonymous," many more can be attributed to some very famous Americans, like Ernest Hemingway, Abraham Lincoln, Benjamin Franklin, Mark Twain, J. Pierpont Morgan, Thomas Alva Edison, Abigail Adams, and Ralph Waldo Emerson, to name but a few offered in this fascinating collection.Who wouldn't want to know the origin of "the opera ain't over till the fat lady sings?" This uniquely American proverb and many more are gathered together in A Dictionary of American Proverbs. A great resource for students and scholars of literature, psychology, folklore, linguistics, anthropology, and cultural history, this endlessly intriguing volume is also a delightful companion for anyone with an interest in American culture.
Author: Lynn Kozak Publisher: Bloomsbury Publishing ISBN: 1474245463 Category : History Languages : en Pages : 326
Book Description
This book is open access and available on www.bloomsburycollections.com. It is funded by Knowledge Unlatched. At the Iliad's climax, the great Trojan hero Hektor falls at the hands of Achilles. But who is Hektor? He has resonated with audiences as a tragic hero, great warrior, loyal husband and father, protector of a doomed city. Yet never has a major work sought to discover how these different aspects of Hektor's character accumulate over the course of the narrative to create the devastating effect of his death. This book documents the experience of Hektor through the Iliad's serial narrative. Drawing on diverse tools from narratology, to cognitive science, but with a special focus on film character, television poetics, and performance practice, it examines how the mechanics of serial narrative construct the character of Hektor. How do we experience Hektor as the performer makes his way through the epic? How does the juxtaposition of scenes in multiple storylines contribute to character? How does the narrative work to manipulate our emotional response? How does our relationship to Hektor change over the course of the performance? Lynn Kozak demonstrates this novel approach through a careful scene-by-scene breakdown and analysis of the Iliad, focusing especially on Hektor. In doing so, she challenges and destabilises popular and scholarly assumptions about both ancient epic and the Iliad's 'other' hero.
Author: Alexander Margulis Publisher: McFarland ISBN: 1476609578 Category : Literary Criticism Languages : en Pages : 497
Book Description
This dictionary contains 2,375 Russian sayings and proverbs and their English counterparts. Variants of each saying are included, and careful attention is given to the differences in British and American versions. For example, the Russian saying that is interpreted as "Children behave in a childish way, and they cannot be expected to act like grown-up people," is first given in Russian (in the Cyrillic alphabet) and then in English, and is then followed by the nearest English-language equivalent sayings in Britain and the United States: "Young colts will canter" (British) and "Boys will be boys" (American). The proverbs and sayings are arranged alphabetically by the first Russian word (in the Cyrillic alphabet) and are cross-referenced so the reader can find analogous Russian versions of English sayings. There is a keyword index for each language (one in English, one in Russian in the Cyrillic alphabet), which allows the reader to find a proverb or a saying without knowing the first word. Proverbs and sayings are current and include those popular in both spoken Russian and literature. The prefatory matter is in both English and Russian, for readers who have a command of either language.
Author: Jean Walrand Publisher: Springer Nature ISBN: 3031799860 Category : Computers Languages : en Pages : 183
Book Description
This book results from many years of teaching an upper division course on communication networks in the EECS department at University of California, Berkeley. It is motivated by the perceived need for an easily accessible textbook that puts emphasis on the core concepts behind current and next generation networks. After an overview of how today's Internet works and a discussion of the main principles behind its architecture, we discuss the key ideas behind Ethernet, WiFi networks, routing, internetworking and TCP. To make the book as self contained as possible, brief discussions of probability and Markov chain concepts are included in the appendices. This is followed by a brief discussion of mathematical models that provide insight into the operations of network protocols. Next, the main ideas behind the new generation of wireless networks based on WiMAX and LTE, and the notion of QoS are presented. A concise discussion of the physical layer technologies underlying various networks is also included. Finally, a sampling of topics is presented that may have significant influence on the future evolution of networks including overlay networks like content delivery and peer-to-peer networks, sensor networks, distributed algorithms, Byzantine agreement and source compression. Table of Contents: The Internet / Principles / Ethernet / WiFi / Routing / Internetworking / Transport / Models / WiMAX & LTE / QOS / Physical Layer / Additional Topics
Author: Brian R. Brown Publisher: John Wiley & Sons ISBN: 1118580443 Category : Business & Economics Languages : en Pages : 209
Book Description
Conventional wisdom suggests that markets are efficient, random walks and that stock prices rise and fall with the fundamentals of the company. How then have black-box traders prospered and how do they exploit market inefficiencies? Are their strategies on their last legs or will they adapt to the new landscape amidst the global financial crisis? Chasing the Same Signals is a unique chronicle of the black-box industry's rise to prominence and their influence on the market place. This is not a story about what signals they chase, but rather a story on how they chase and compete for the same signals
Author: Gregory R. Copley Publisher: Simon and Schuster ISBN: 1416524789 Category : Business & Economics Languages : en Pages : 342
Book Description
From historian and strategic analyst Copley comes a charter for personal business success based on the "28 Maxims of Victory"--lessons from history on how civilizations and societies have evolved.
Author: L. Paul Ouellette Publisher: AuthorHouse ISBN: 1438985436 Category : Business & Economics Languages : en Pages : 194
Book Description
For half a century at least, I.T. teams have focused on solving business problems through computer technology - and largely ignoring the human element in their interactions with end users. In his new book I.T. IN CRISIS: A NEW BUSINESS MODEL, consultant L. Paul Ouellette shows how to bring the I.T. team into the twenty-first century. Organizations that employ I.T. professionals are facing a new economic landscape - one where closer, more engaged relationships with internal and external customers are not merely nice if you can get it, but essential for organizational survival. I.T.'s old business as usual approach - and let the relationship thing take care of itself - is, Ouellette warns, now a recipe for disaster. I.T.'s challenge is to adapt to the customer-focused operational realities of the twenty-first century. Teams that meet this challenge will thrive, and will create extraordinary opportunities for themselves and their organizations. Teams that don't, Ouellette believes, will be marginalized or phased out. How do we make this (long-overdue) transition? By upgrading the I.T. Professional's skill sets - and moving from the back room to the forefront of the business, the place where person-to-person connections with customers as human beings take place. In I.T. IN CRISIS: A NEW BUSINESS MODEL, Ouellette offers proven, real-world strategies for I.T. teams to forge closer bonds with their end users. He shows I.T. professionals how to change the way their customers think about I.T., how to improve I.T.'s standing within their own organizations, and how to enhance their own careers -Paul offers the 1 tool to turn negative relations into a positive one. Methods for successfully conducting the 3 main points of your clients' interactions, learn what clients really want from I.T. and the 5 steps to building your sustainable service strategy. Building very specific empathy, listening skills, rapport-building, and overall relationship management capacities. Ouellette also includes the case studies and action forms that will help I.T. teams to execute on the book's core concept. Today's business environment is highly competitive. In order to survive, organizations must create new business models that focus "like a laser beam: " on the customer. For those who work in Information Technology (I.T.) customer relations is no longer a "nice to have skill, but rather a "must have: " skill. The average professional Information Technologist is lacking skills in this area - and thus I.T. faces a crisis. For the first time since the introduction of computer technology to the world of business, I.T. funding has been reduced, and investments going into computer business technology are declining. I.T. is no longer seen as the savior of a company's bottom line. This state of affairs actually represents a new opportunity for I.T. If we make a conscious decision to conduct business differently, upgrade our skills, and focus on the customer - we can get the credit, attention, and recognition we deserve. Computer technology solutions are but one part of what we offer. In the twenty-first century, we need to play a much broader role ... build stronger relationships with the people we serve ... and become an irreplaceable part of the client's business solution. Addressing the problems and offering corrective strategies facing today's I.T. professional are the sole purposes of this book. Once we do this, we will not only succeed, we will thrive! I.T. IN CRISIS: A NEW BUSINESS MODEL strategizes how to make this transition.
Author: Harrison G. Hong
Author: Harrison G. Hong
Author: Harrison Gregory Hong
Author: Wolfgang Mieder
Author: 陳世琪
Author: Lynn Kozak
Author: Alexander Margulis
Author: Jean Walrand
Author: Brian R. Brown
Author: Gregory R. Copley
Author: L. Paul Ouellette