Mutual Fund Performance and Performance Persistence
Superior investment performance is the ultimate objective of mutual fund investors. However, past fund performance is no reliable indicator of future performance. Peter Lueckoff investigates why fund flows and manager changes act as equilibrium mechanisms and drive the performance of both previously outperforming and previously under-performing funds back to average levels. These results have important implications for investors, investment management companies and regulators.
Panic!: The Story of Modern Financial Insanity (Audiobook, mp3)
Lewis (Liars Poker) takes readers on a spin through notable recent financial catastrophes including the stock markets 1987 crash, the Russian default and related failure of hedge fund Long-Term Capital Management, the Asian currency crisis, the Internet bust and the recent subprime debacle. While the collection is comprehensive and contains varied and learned commentary, the presented crises beg for more thorough treatment. Lewis is content to rehash the past with (undeniably compelling) previously published analysis by the likes of economists Joseph Stieglitz and Paul Krugman and Wall Street Journal reporters Gregory Zuckerman and Roger Lowenstein
Local Identities - Landscape and Community in the Late Prehistoric Meuse-Demer-Scheldt Region
Gerritsen's study investigates how small groups of people--households, or local communities--constitute and represent their social identity by shaping the landscape around them. Examining things like house building and habitation, cremation and burial, and farming and ritual practice, Gerritsen develops a new theoretical and empirical perspective on the practices that create collective senses of identity and belonging. An explicitly diachronic approach reveals processes of cultural and social change that have previously gone unnoticed, providing a basis for a much more dynamic history of the late prehistoric inhabitants of this region.
Overwhelmed by orbitals? Terrified of thermodynamics? Agitated by acids and bases? Have no fear! This follow-up to the award-winning Chemistry Basics will clear up your chemistry woes. In More Chemistry Basics, the ninth book in the bestselling Stop Faking It! series, author Bill Robertson introduces additional chemistry concepts, such as special reactions and half-lives, and expands on many previously discussed ideas, including electron energy levels and why we can t know exactly what electrons are doing and where they are.
Bestseller Cornwell's solid 17th thriller to feature Dr. Kay Scarpetta (after Scarpetta) finds Scarpetta—who's the senior forensic analyst for CNN—probing the murder of a Central Park jogger as well as looking into the disappearance of Hannah Starr, a wealthy financial planner. Quizzed on-air about previously undisclosed details of the perplexing Starr case, Scarpetta realizes that the tentacles of the case reach further than she imagined.
